Flutter Entertainment (FLUT) Price Target Cut by UBS Amid Slower US Online Sports Betting Growth
Flutter Entertainment plc (NYSE:FLUT) ranks among the best stocks to buy now for long-term growth. UBS reduced Flutter Entertainment plc (NYSE:FLUT)’s price target to $300 from $320 on February 10, retaining a Buy rating for the stock. The drop comes as UBS notes that Flutter’s equity outlook is being challenged by updated US online sports betting figures, which show a substantial decrease in overall growth compared to previous projections. Despite these hurdles, UBS stated that Flutter Entertainment plc ...