UK Tax Clarity Alleviates Significant Uncertainty for Flutter Entertainment

Flutter Entertainment (NYSE:FLUT) is one of the best upside stocks to buy now. On November 28, Citi analyst Ben Shelley lowered the firm’s price target on Flutter Entertainment to $320 from $340 with a Buy rating on the shares. This sentiment was announced as Citi stated that the uncertainty surrounding a potential UK tax increase acted as a significant overhang on Flutter’s equity for almost 4 months. Although the actual UK tax hike is more substantial than initially anticipated, Shelley believes that thi ...