Flutter Entertainment Faces Reduced Price Targets

UBS cut Flutter Entertainment’s price target to $300 from $320 on Feb. 10 while retaining a Buy rating, citing updated US online sports-betting figures that show substantially slower growth than projected. On Jan. 22, Citizens trimmed its target to $275 from $313 and criticized December results; state reporting shows decent November–December margins but October weakness. Analysts note Flutter’s leading market share, prompting reassessment of growth expectations.