Flutter Entertainment (FLUT): Catalysts can support continued market share gains, says Benchmark
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Rating Summary:
16 Buy, 10 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 17 | Down: 27 | New: 16
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Benchmark analyst Mike Hickey reiterated a Buy rating and $310.00 price target on Flutter Entertainment (NYSE: FLUT).
The analyst commented, "We like Flutter for its commanding U.S. leadership position, accelerating iGaming momentum, and diversified global footprint that supports consistent AEBITDA growth. We see the launch of FanDuel Predicts as a transformative catalyst that expands long term TAM, strengthens customer acquisition in non OSB states, and provides a new nationwide entry point ahead of future legalization cycles. Additional catalysts include improving U.S. operating trends, strong international contributions, and meaningful product enhancements across NFL, NBA, and iGaming that support continued market share gains."
For an analyst ratings summary and ratings history on Flutter Entertainment click here. For more ratings news on Flutter Entertainment click here.
Shares of Flutter Entertainment closed at $234.45 yesterday.
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