Truist lowered the firm’s price target on Inspired Entertainment to $13 from $19 and keeps a Buy rating on the shares. Inspired ended the year on a difficult note, down 22%, following the CFO departure and accounting turmoil, and the firm thinks the ultimate hit to EBITDA could be $5M-$7M per year, the analyst tells investors in a research note. Truist is bullish on the potential for the company’s core offerings.
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