BTIG analyst Clark Lampen raised the firm’s price target on Flutter Entertainment (FLUT) to $323 from $312 and keeps a Buy rating on the shares. The firm is optimistic around iGaming market expansion, and sees higher odds of several new states launching over the next several years, though visibility at this stage is still very low and expert opinions vary around which states are higher/lower probability, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLUT:
- Flutter Entertainment Advances Share Buyback Program
- Flutter Entertainment Initiates Share Buyback to Boost Shareholder Value
- Flutter Entertainment, Aviator LLC agree on long-term commercial partnership
- Nevada reports December statewide gaming win up 2.0% to $1.46B
- Flutter Entertainment Advances $5 Billion Share Buyback Program