Everi Holdings price target lowered to $10 from $11 at Truist

Truist lowered the firm’s price target on Everi Holdings to $10 from $11 and keeps a Hold rating on the shares as part of a broader research note previewing Q2 results in Gaming. Investors are fearing an “ever-looming” consumer pullback, though Gaming fundamentals have largely held up despite persistent macro pressures, the analyst tells investors in a research note. For the company however, while Truist likes the longer-term prospects for Gaming Tech, it also does not see material share upside until after the combination with International Game (IGT) has “closed to integration”, the firm added.