Casino Stock Hits Fresh High on New Coverage

Casino stock Flutter Entertainment PLC (NYSE:FLUT) is trading at new record highs after Goldman Sachs initiated coverage with a "buy" rating. The firm also set a price target of $320, which is a hefty premium to current levels. At last look, FLUT was up 2.7$273.97, and earlier hit an all-time peak of $275.63. On the charts, the$260 level moved in as support following the stock's Nov. 13 post-earnings bull gap. Since the start of the year, the equity is up 52.1%. Goldman Sachs is joining an already bul ...