Flutter Entertainment plc (NYSE:FLUT) is one of the Harvard University Stock Portfolio: Top 10 Stock Picks.
On April 24, 2026, MoffettNathanson downgraded its rating on Flutter Entertainment plc (NYSE:FLUT) from Buy to Neutral with a price target of $127, down from $170. The firm admitted that they were very late in downgrading the stock, as it follows significant year-to-date selloffs. MoffettNathanson noted that the current valuations are attractive even under conservative long-term forecasts. However, it argues that this valuation alone is insufficient to support a Buy rating.
Separately, on April 21, 2026, Truist lowered the firm’s price target on Flutter Entertainment plc (NYSE:FLUT) from $160 to $140. The firm’s analyst, Barry Jonas, kept a Buy rating on the company’s stock. The update was part of Truist’s broader research note previewing Q1 earnings in Gaming. According to the firm’s analyst, the gaming sector remains out of favor, but Regional operators are best positioned for Q1 as players stay closer to home. On the other hand, Las Vegas Strip trends are stagnant, and Local markets face unique hurdles. Meanwhile, the Digital segment remains challenged by slowing online sports betting growth and uncertainty surrounding prediction markets.
Flutter Entertainment plc (NYSE:FLUT) is an online betting and gaming company, operating mainly in the United States, the UK, Ireland, and Australia. The company is based in New York, New York, and was founded in 1988.
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