Flutter Downgraded on Waning Growth Prospects -- Market Talk
Dow Jones04-17
1530 ET - Flutter's growth prospects in the U.S. are looking less promising, Citibank analysts say. The analysts downgrade Flutter's stock to sell from buy as they are losing conviction about the company's 2026 and 2027 growth forecasts for its U.S. business. Using state data, the analysts estimate Flutter's handle growth will decline sequentially. Its prediction markets product is also not creating a huge opportunity, as the business is still nascent and there is regulatory uncertainty about prediction markets as a whole, the analysts say. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
April 16, 2026 15:30 ET (19:30 GMT)
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