Deutsche Bank analyst Andre Juillard initiates coverage on $Flutter Entertainment (FLUT.US)$ with a buy rating, and sets the target price at $250.61.
According to TipRanks data, the analyst has a success rate of 53.9% and a total average return of 2.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Flutter Entertainment (FLUT.US)$'s main analysts recently are as follows:
The medium-term guidance provided by Flutter Entertainment implies that the company's competitive advantage remains robust and could be expanding. The sustainability of Flutter's U.S. business moat is anticipated to be reinforced in the future through the introduction of new product features and advancements in scale, data, and artificial intelligence.
Following a positive Investor Day, expectations for Flutter Entertainment have been raised, with management outlining a 2027 U.S. segment EBITDA goal of $2.4B. The product strategy is set to achieve a 16% U.S. structural hold, coupled with a significant buyback plan, reinforcing the view of the stock as a 'Core Holding'. Projections for the 2025 U.S. segment suggest margins increasing by 40%-45%, indicative of a stable U.S. market. However, there is flexibility to augment spending should the long-term value to customer acquisition cost ratios improve.
Note:
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