Truist Lowers Price Target on Flutter Entertainment Amid Gaming Sector Challenges

Line chart depicting downward trend in Flutter Entertainment stock price with analyst annotation markers.

Truist analysts have reduced the price target for Flutter Entertainment plc from $280 to $260 while reaffirming a ‘Buy’ rating, citing macroeconomic headwinds, market recovery uncertainties, and regulatory tax hikes impacting future earnings; the stock recently closed at $188.46, down over 6%, near its 52-week low. Analyst Perspective Truist Securities has revised its outlook on … Read more