Bernstein raised the firm’s price target on Flutter Entertainment (FLUT) to $255 from $245 and keeps a Market Perform rating on the shares. The firm believes 2026 will be a “show-me” year for prediction markets, especially those launched by the traditional OSBs. Ultimately, in Bernstein’s view, further clarity on the regulatory and product roadmap will be key to seeing the opportunity reflected in valuations.
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