SciPlay price target raised to $18 from $17 at Truist

Truist analyst Matthew Thornton raised the firm’s price target on SciPlay to $18 from $17 and keeps a Hold rating on the shares after its Q4 results. The company’s DTC platform is progressing in testing, but it is slower than previously expected by about 3 months, the analyst tells investors in a research note. The firm further states that SciPlay is shifting more talent and resources to lower-cost Int’l markets, though "it will take time".