Wedbush initiates coverage on Flutter with Outperform rating
Wedbush analyst Matthew McCartney initiated coverage on Flutter Entertainment with an Outperform rating and a price target of $138, signaling a positive outlook for the NYSE-listed stock.

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Wedbush analyst Matthew McCartney has initiated coverage on Flutter Entertainment with an Outperform rating and a price target of $138. The rating reflects confidence in the company's market position and future performance potential.
Coverage Details
The initiation of coverage provides a new outlook for Flutter Entertainment as it navigates the financial markets. The Outperform rating suggests that the stock is expected to perform better than the average market return.
| Analyst | Rating | Price Target |
|---|---|---|
| Matthew McCartney | Outperform | $138 |
Flutter Entertainment, listed on the NYSE under the ticker FLUT, is now under active coverage by Wedbush. The price target of $138 serves as a benchmark for investors evaluating the stock's potential upside.
What specific market factors could drive Flutter Entertainment's stock to surpass the $138 price target?
How might Flutter's expansion into new U.S. states impact its revenue growth in the coming year?
What competitive threats could challenge Flutter's ability to maintain its market position?
























