Wells Fargo Initiates Coverage On Flutter Entertainment with Equal-Weight Rating, Announces Price Target of $210
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Daniel Politzer has initiated coverage on Flutter Entertainment (NYSE:FLUT) with an Equal-Weight rating and set a price target of $210.

April 04, 2024 | 12:41 pm
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Wells Fargo initiated coverage on Flutter Entertainment with an Equal-Weight rating and a price target of $210.
The initiation of coverage by a major financial institution like Wells Fargo generally brings increased attention to a stock. However, the Equal-Weight rating suggests that Wells Fargo views FLUT as fairly valued at its current price, implying a neutral short-term impact on the stock price. The price target of $210 provides a benchmark for investors but does not suggest significant upside or downside, reinforcing the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90