Stifel raised the firm’s price target on Flutter Entertainment (FLUT) to $353 from $315 and keeps a Buy rating on the shares. Stifel sees an improving setup into the second half of 2025 for the group given strong fundamentals and the conclusion of most state legislative sessions, de-risking further tax hikes, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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 $340 from $280 at Truist
- Flutter Entertainment Advances Share Buyback Strategy
- Flutter Entertainment Advances $225 Million Share Buyback Initiative
- Flutter Entertainment price target raised to $323 from $301 at Citizens JMP
- DraftKings (DKNG) Is Reportedly in Talks to Buy Prediction Market Platform Railbird