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Flutter (FLUT) Rated Outperform on Betting Market Expansion
Yahoo Finance· 2026-03-26 07:27
Flutter Entertainment plc (NYSE:FLUT) ranks among the best rebound stocks to buy right now. On March 13, Citizens maintained its Market Outperform rating and $195 price target for Flutter Entertainment plc (NYSE:FLUT). According to the firm, the company is looking to expand its prediction market platform, with an emphasis on high-quality products. The company’s marketing spend could exceed $300 million by 2026 and will gradually accelerate in the latter half of the second quarter, meaning that the compan ...
Canaccord Maintains Buy Rating on Flutter Entertainment (FLUT)
Yahoo Finance· 2026-03-08 16:23
Group 1 - Flutter Entertainment plc (NYSE:FLUT) is considered one of the best buy-the-dip stocks by Wall Street analysts, with a significant upside potential [1] - Canaccord Genuity analyst Jason Tilchen reduced the price target for Flutter from $270 to $220 while maintaining a Buy rating, indicating an upside potential of over 95% [1][2] - Rothschild & Co Redburn also lowered its price target from $252 to $237, still reflecting an impressive upside potential of over 110%, while maintaining a Buy rating [3] Group 2 - The downward adjustments in price targets were attributed to disappointing fourth-quarter revenue and profitability misses in both U.S. and International segments, along with lower FanDuel engagement [2][3] - Analysts noted that the 2026 FIFA World Cup is expected to support online betting growth despite moderate revenue growth projections for 2026 [3] - Flutter Entertainment operates a diverse iGaming portfolio, including various betting brands such as BetFair, Paddy Power, Sky Betting, Sports Bet, and FanDuel [4]