HSBC upgrades Flutter Entertainment stock rating to Buy on valuation

HSBC upgraded Flutter Entertainment (NYSE:FLUT) from Hold to Buy, while lowering its price target to $228.00 from $265.00. The stock currently trades at $193.31, down 38% from its 52-week high of $313.69, with InvestingPro data showing it’s trading near its 52-week low of $189.40.

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