Canaccord analyst Jason Tilchen lowered the firm’s price target on Flutter Entertainment (FLUT) to $300 from $340 and keeps a Buy rating on the shares. The firm said they reported mixed Q3 results, with accelerating US iGaming growth offset by unfavorable OSB outcomes and a more competitive environment, while recent acquisitions contributed to strong International growth.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLUT:
- Positive Buy Rating for Flutter Entertainment Despite Q3 Challenges and U.S. Market Headwinds
- CME Group price target raised to $313 from $296 at Piper Sandler
- Strong Performance and Strategic Initiatives Propel Flutter Entertainment PLC’s Growth Prospects
- Flutter Entertainment PLC: Hold Rating Amid Financial Challenges and Competitive Pressures
- Flutter Entertainment price target lowered to $325 from $352 at Barclays