Truist initiated coverage of Flutter Entertainment (FLUT) with a Buy rating and $330 price target The land-based gaming sector is largely mature, but Flutter is the global market leader in online gaming and a multi-year growth compounder, the analyst tells investors in a research note. Flutter’s FanDuel leads the U.S. online sports betting market, and it is well positioned in an inevitable legislative shift to more online gaming legalization over the next decade, the firm adds.
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