Barclays raised the firm’s price target on Flutter Entertainment to $275 from $263 and keeps an Overweight rating on the shares. The company’s medium term guidance suggests that the Flutter Edge is “fully intact” and even widening, the analyst tells investors in a research note. Barclay’s adds that Flutter’s U.S. business moat is sustainable and should be further enhanced going forward with exciting new product features and scale, data, and AI-driven advancements.
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