Bernstein Cuts Flutter Price Target on US Competition
March 2, 2026·about 2 hours ago·via Investing.com
Bernstein cuts its price target on Flutter Entertainment amid rising U.S. competition pressures. The firm highlights ongoing challenges in the sports betting market, where FanDuel faces headwinds from weak customer engagement and high sportsbook holds late in the NFL season. Flutter's Q4 results miss expectations, with revenue and profitability below forecasts, and 2026 guidance falls well short of analyst hopes at $18.4 billion revenue midpoint.
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