Flutter price target raised to 18,800 GBp from 18,600 GBp at Berenberg

Berenberg raised the firm’s price target on Flutter Entertainment to 18,800 GBp from 18,600 GBp and keeps a Buy rating on the shares. The company reported a “somewhat flawless” Q2, with underlying momentum remaining solid across the business and upgrades to both the U.S. and outside the U.S. business, the analyst tells investors in a research note.