Flutter Entertainment (FLUT) Price Target Cut by UBS Amid Slower US Online Sports Betting Growth

Group 1 - Flutter Entertainment plc (NYSE:FLUT) is considered one of the best stocks for long-term growth, despite recent challenges in its equity outlook due to updated US online sports betting figures showing a significant decrease in growth projections [1][3] - UBS has reduced its price target for Flutter Entertainment to $300 from $320 while maintaining a Buy rating, indicating confidence in the company's long-term potential despite current market challenges [1][3] - Citizens has also lowered its price target for Flutter to $275 from $313, citing management's poor performance in December, although the company had decent gaming margins in November and December [4] Group 2 - Flutter Entertainment operates as a sports betting and gaming company, offering a range of products including sportsbooks, iGaming products, and lottery products [5]