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Citi Upgrades Flutter Entertainment to 'Buy'

Schaeffer's Research +1 ·

FLUT
FLUT Flutter Entertainment Plc
$75.85 -0.52%
View chart & analysis →
  1. 1Citi upgraded Flutter Entertainment Plc from 'Neutral' to 'Buy' and set a price target of $91 for FLUT.
  2. 2Flutter Entertainment shares gave up pre-market gains after hitting a recently confirmed price of $75.87 for FLUT.
  3. 3The analyst assessed the recent selling pressure as 'excessive'.

So what's the key point?

Citi recommended buying Flutter Entertainment shares and raised the target price to $91. Although the stock price has dropped recently due to heavy selling, experts believe the decline went too far.

Source Schaeffer's Research +1 · View original ↗

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