Barclays lowered the firm’s price target on Flutter Entertainment (FLUT) to $325 from $352 and keeps an Overweight rating on the shares following the Q3 report. The quarter was mostly in-line with low expectations, outside of the Q4 promotions uptick, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLUT:
- Flutter Entertainment price target raised to $345 from $340 at Citizens JMP
- Strategic Expansion and Market Positioning Drive Buy Rating for Flutter Entertainment PLC
- Flutter Entertainment Reports Strong Q3 Performance and Launches ‘FanDuel Predicts’
- Closing Bell Movers: Cisco jumps 7% to record highs after beat-and-raise
- Flutter Entertainment updates FY25 guidance