Flutter Entertainment Stock Rises On Share Buyback Update, Analyst Coverage: Retail Remains Cautious
From StockTwits: 2025-01-17 04:32:11
Stifel initiates coverage of Flutter with Buy rating and $320 price target. Shares of Flutter Entertainment ($FLUT) rise 2.8% following regulatory update on share buyback program. Flutter plans to buy back $350 million worth of shares by March 31 as part of long-term strategy to buy back $5 billion. Company will have 177,768,905 ordinary shares in issue after recent transactions. Stocktwits sentiment ‘neutral,’ message volumes ‘low.’ Stifel analyst firm calls Flutter ‘global leader’ in online sports betting and iCasino with upside potential to FY26 and FY27. Flutter stock down 0.34% year-to-date.
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