Flutter Entertainment is trading at $83.79, down 4.41% in the November 3 session as analysts cut estimates ahead of its November 4 earnings report.
- The estimate cuts reflect concerns over promotional spending, unfavorable sports results and competitive pressure.
- Bernstein lowered its price target while maintaining a Market Perform rating.
- Consumer discretionary stocks were reported higher while major indexes were mixed. Provided price context is the source for the live price and percentage move.