Yahoo Finance

Needham raised the firm’s price target on Flutter Entertainment (FLUT) to $310 from $300 and keeps a Buy rating on the shares. The company’s U.S. handle trends have been a focus for investors, and its Q1 growth is reaccelerating from Q4 levels, while the continued gross and net hold expansion are contributors to the firm’s 37% U.S. online sports betting revenue growth projections in FY25, the analyst tells investors in a research note.

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Read More on FLUT:

• Flutter Entertainment price target raised to $330 from $305 at Oppenheimer

• Flutter Entertainment price target lowered to $315 from $317 at Susquehanna

• Strong Buy Recommendation for Flutter Entertainment: Robust Financial Performance and Strategic Growth Initiatives

• Positive Outlook for Flutter Entertainment PLC: Buy Rating Backed by Strong Growth Prospects and Strategic Management

• Flutter Entertainment announces $300M share repurchase program