Flutter Entertainment PLC (FLUT) Maintains Investor Confidence Despite Price Target Adjustment

Core Viewpoint - Flutter Entertainment PLC, a major player in the global sports betting and gaming industry, has received a "Buy" rating from Benchmark despite a price target adjustment from $310 to $285, indicating continued investor confidence in the company's future growth [1][2][6]. Group 1: Stock Performance - As of December 1, 2025, Flutter's stock price was $208.81, reflecting a 4.45% increase on that day [5][6]. - The stock has fluctuated between $202.01 and $210.49 on the same day, with a yearly high of $313.69 and a low of $189.33 [5]. - Flutter Entertainment has a market capitalization of approximately $36.7 billion and a trading volume of 1,593,432 shares [5]. Group 2: Institutional Investor Activity - Boston Partners increased its investment in Flutter by 15% during the second quarter, now holding 5,011 shares valued at $1.43 million, indicating a positive outlook from institutional investors [2]. - Bank of New York Mellon Corp significantly increased its stake in Flutter by 120.1%, now owning 454,660 shares valued at approximately $129.92 million, suggesting strong confidence in the company's growth potential [3]. - Jefferies Financial Group Inc. also raised its holdings in Flutter by 5.4%, now possessing 18,163 shares worth around $3.99 million, further supporting the notion of optimism among institutional investors [4].