The U.S. listing of Flutter Entertainment, FanDuel's parent company, is expected to attract both retail and institutional investors. Despite some new challenges, HSBC has reiterated its Buy rating for Flutter due to the company's sustained growth potential.
Clark Lampen from BTIG rates Flutter ADRs as 'Buy' with a GBP177 price target, indicating potential rise in investor interest and share-price performance due to NYSE listing. Despite possible short-term weakness in shares, he forecasts an attractive medium-term outlook for the U.S. operation due to expected improvement in FanDuel performance.
Analyst James Wheatcroft remains optimistic due to early signs of high engagement and betting activity. Salix Research advises investors to invest in Flutter Entertainment for its high earnings growth and attractive valuation.
FLUTTER ENTERTAINMENT PLC UNSPON ADS EACH REP 0.5 ORD SHS股票讨论区
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