Flutter Analyst Sees 'Significant Earnings Power' With Growing Duopoly, Sports Betting Market Size: 'Add It To The Bet Slip'
FLUTFlutter Entertainment(FLUT) Benzinga·2024-09-24 00:26

Strong market share and growing opportunities in online sports betting could push Flutter Entertainment FLUT shares higher, according to Needham analyst Bernie McTernan, who initiated coverage with a Buy rating and a $270 price target The Analyst Takeaways: With Flutter's dominant global scale, McTernan said it's time for investors to "add it to the bet slip" with the initiation of coverage on the stock during the 2024 NFL season. "We see FLUT's leadership position in the US as an increasingly important ear ...