Flutter Entertainment reveals major Bank of America stake
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Flutter Entertainment PLC announced that Bank of America Corporation has increased its stake to approximately 5.36% of Flutter's voting rights, as per regulatory filings. This change, reported on January 27, 2026, indicates a significant institutional investment. Analysts currently rate FLUT stock as a Hold with a price target of $177.00, while TipRanks’ AI Analyst classifies it as Neutral, citing strong revenue growth but concerns over profitability and potential UK tax hikes affecting future earnings. Flutter operates in the online sports betting and gaming sector with a market cap of $30.62B.
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