BTIG raised the firm’s price target on Flutter Entertainment (FLUT) to $312 from $305 and keeps a Buy rating on the shares. The company’s Q3 results and guidance came in ahead of consensus expectations, driven by stronger U.S. / U.K. performance and more modest Q4 headwinds, the analyst tells investors in a research note. The stock remains the firm’s top pick given its “very healthy fundamental setup and catalyst path”, BTIG added.
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