Canaccord Genuity Raises Flutter's Price Target to $340 After Q2 Success

Reported 1 day ago

Canaccord Genuity has upgraded its price target for Flutter Entertainment plc (NYSE:FLUT) from $330 to $340, reflecting a potential upside of 13.6%. This adjustment follows strong Q2 results, where Flutter reported revenue of $4.19 billion, marking a 16.06% increase year-over-year, and an earnings surprise with EPS at $2.95. The company's growth is particularly notable in the US, driven by significant gains in its iGaming platform and a successful loyalty program launched in April 2025.

Source: YAHOO

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