Flutter Entertainment (FLUT) PT Raised to $275 at MoffettNathanson

Wells Fargo Reiterates Equal Weight Rating on Flutter Entertainment (FLUT)

September 26, 2024 6:24 AM EDT

Wells Fargo analyst Daniel Politzer reiterated an Equal Weight rating and $224.00 price target on Flutter Entertainment (NYSE: FLUT).

The analyst comments "FLUT gave a comprehensive strategic overview, w/ LT finc'l targets ~in-line w/ Str., but many KPI's (hold, TAM, penetration) implying a path... More

Flutter Entertainment (FLUT) PT Raised to $275 at Barclays

September 26, 2024 3:34 AM EDT

Barclays analyst Brandt Montour raised the price target on Flutter Entertainment (NYSE: FLUT) to $275.00 (from $263.00) while maintaining a Overweight rating.... More

Flutter Entertainment Plc. (FLTR:LN) (FLUT) PT Raised to GBP275 at Barclays

September 26, 2024 2:31 AM EDT

Barclays analyst James Rowland Clark raised the price target on Flutter Entertainment Plc. (FLTR:LN) (NYSE: FLUT) to GBP275.00 (from GBP263.00) while maintaining a Overweight rating.... More

UBS Reiterates Buy Rating on Flutter Entertainment Plc. (FLTR:LN) (FLUT)

September 25, 2024 11:23 AM EDT

UBS analyst Louise Wiseur reiterated a Buy rating and GBP222.00 price target on Flutter Entertainment Plc. (FLTR:LN) (NYSE: FLUT).

... More

DraftKings (DKNG) Trades Higher in Sympathy with Flutter Entertainment (FLUT)

September 25, 2024 8:15 AM EDT

DraftKings (NASDAQ: DKNG) Trades Higher in Sympathy with Flutter Entertainment (NYSE: FLUT)

Flutter Entertainment introducing medium-term 2027 guidance and the authorization of an up to $5bn share repurchase program.FLUT +4.5%DKNG +2%... More

Flutter forecasts profits to double by 2027, unveils $5 billion share buyback

September 25, 2024 8:09 AM EDT

DUBLIN (Reuters) -Flutter, the world's largest online betting company, said on Wednesday it expects to more than double its core profit by 2027 and that it had authorised a share buyback of up to $5 billion to be deployed over that period.

Flutter, which has forecast full-year profit of around $2.5 billion this year, said that figure should reach more than $5 billion by 2027, with almost half of it coming from the... More

Flutter Entertainment (FLUT) outlines long-term growth plan and up to $5bn share repurchase program authorization

September 25, 2024 8:05 AM EDT

(Updated - September 25, 2024 8:08 AM EDT)

Flutter Entertainment (NYSE:FLUT; LSE:FLTR), the world's leading online sports betting and iGaming operator will host an investor event today, introducing medium-term 2027 guidance and the authorization of an up to $5bn share repurchase program.

Flutter holds unparalleled leadership positions in the US and Rest of World ("ROW")1 through a diversified portfolio of market-leading brands2. These brands enjoy local scale positions and the unique advantages of the Flutter Edge. This key differentiator enables our brands to benefit from, and contribute to, leading global capabilities including product and technology as well... More

BTIG Reiterates Buy Rating on Flutter Entertainment (FLUT), Top Pick

September 25, 2024 6:42 AM EDT

BTIG analyst Clark Lampen reiterated a Buy rating and $249.00 price target on Flutter Entertainment (NYSE: FLUT).

The analyst comments "Tomorrow afternoon (Wed. 9/25), Flutter is hosting an Investor Day in New York. Ahead of the event, were providing a brief synopsis of recent dialogue, and would note that investors are generally upbeat around topics of discussion and expected takeaways. Those topics/expects include: a larger US TAM forecast ($45-50B) vs. the prior $40.5B projection, a reiterated long-term US EBITDA margin target (25-30%), and a share... More