Susquehanna lowered the firm’s price target on International Game (IGT) to $33 from $40 and keeps a Positive rating on the shares. The firm lowered its estimates and target which reflects a worst-case scenario where its merger with Everi Holdings (EVRI) is off and the company pursues an independent gaming spin-off, the company’s lottery division wins Italian Lotto renewal, and lower valuation multiples.
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