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Flutter Entertainment price target raised to $350 from $340 at Truist

Truist raised the firm’s price target on Flutter Entertainment (FLUT) to $350 from $340 and keeps a Buy rating on the shares. Well-known favorable U.S. sports results drove the company’s earnings beat, while Flutter also increased 2025 EBITDA guidance given high hold, Missouri launch timing, and the Boyd Gaming market access revision offsetting higher taxes, the analyst tells investors in a research note.

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