Benchmark Maintains Buy on Flutter Entertainment (FLUT) Amid 2025 CME Group Partnership

Flutter Entertainment plc (NYSE:FLUT) ranks among the best sin stocks to buy right now. On August 21, Benchmark reaffirmed its Buy rating and $365 price target on Flutter Entertainment plc (NYSE:FLUT) following the company’s announcement of its partnership with CME Group.

Benchmark Maintains Buy on Flutter Entertainment (FLUT) Amid 2025 CME Group Partnership

Although it hadn’t specifically expected CME Group to be the venture partner, the firm acknowledged that it envisioned Flutter Entertainment plc (NYSE:FLUT) joining the predictions market. Benchmark noted that CME Group functions within a federally regulated system and has substantial expertise with transparent, compliant market structure.

With a launch scheduled for 2025, Benchmark said the partnership’s timeframe fits with its prior projections.

Flutter Entertainment plc (NYSE:FLUT) owns and operates some of the world’s largest and most popular sports betting and iGaming brands, including FanDuel, Sky Betting & Gaming, and Sportsbet, among others.

While we acknowledge the potential of FLUT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FLUT and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.