Flutter Entertainment: Contradicting Risks

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Flutter Entertainment

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Technology

How Wall St. Darling Flutter Entertainment (FLUT) Offers Recession Resistance

Summary

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75% Informative

Flutter Entertainment (FLUT) is perhaps best known for its market-leading U.S. brand FanDuel .

As exciting as sports betting is, the underlying economy suffers from significant challenges.

The underlying economy may actually be stronger than it appears.

Until the willingness to spend on discretionary pleasures like gambling noticeably fades, FLUT stock may be an opportunity when it encounters volatility.

FLUT stock carries a unanimous Strong Buy consensus rating based on 20 Buy, zero Hold, and zero Sell ratings over the past three months .

FLUT’s average price target of $ 320.71 per share implies almost 48% upside potential over the next 12 months .

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