Susquehanna lowered the firm’s price target on International Game to $48 from $50 and keeps a Positive rating on the shares. The firm said because of the now higher perceived risk of renewal in its Italian Lotto contract, the firm estimates most investors are now likely to capitalize the stand- alone Lottery segment at a lower multiple due to the overhang.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on IGT:
- International Game unit extends contract with South Dakota Lottery
- International Game price target lowered to $35 from $37 at Truist
- International Game tightens FY23 revenue view to $4.3B from $4.2B-$4.3B
- International Game sees Q4 revenue $1.1B, consensus $1.09B
- INTERNATIONAL GAME TECHNOLOGY PLC REPORTS THIRD QUARTER 2023 RESULTS