Flutter Entertainment shares rose 8.32% on Friday, June 26.
Wedbush initiated coverage with an Outperform rating and a $138 price target. Analysts stated that recent market concerns regarding U.S. growth were overpriced. Wells Fargo also raised its price target for the company to $168.
Billionaire investor Ken Dart increased his position through a $35 million total return swap. This transaction brings his total notional position to approximately 17.83 million shares.