BTIG Cuts PT on Flutter Entertainment (FLUT) to $177 From $180 – Here’s Why

Flutter Entertainment plc (NYSE:FLUT) is one of the best affordable stocks to buy with good earnings growth. On March 26, BTIG cut the price target on Flutter Entertainment plc (NYSE:FLUT) to $177 from $180, reiterating a Buy rating on the shares and telling investors in a research note that it is tweaking its US forecasts to match quarter-to-date trends, the company’s mix guidance for Arkansas launch headwinds, while also reducing its International estimates.

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Flutter Entertainment plc (NYSE:FLUT) also received a rating update from Goldman Sachs on March 10. The firm cut the price target on the stock to $205 from $270, reaffirming a Buy rating on the shares. The firm told investors in a research note that the company reported disappointing Q4 results, which were driven by a U.S. miss tied to weaker promotional effectiveness, softer FY26 guidance, higher leverage, and reduced buybacks. It further attributed the recent U.S. softness to temporary NFL-related factors instead of prediction market cannibalization.

Flutter Entertainment plc (NYSE:FLUT) is involved in the business of online betting and gaming. The company’s operations are divided into the following segments: UK and Ireland, Australia, International, and the US.

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