Truist analyst Barry Jonas lowered the firm’s price target on Brightstar Lottery (BRSL) to $17 from $19 and keeps a Hold rating on the shares as part of a broader research note previewing 2026 for the U.S. Gaming sector. 2025 was another challenging year for Gaming stocks as macro fears combined with prediction disruption fears impacted stocks, irrespective of actual impact on fundamentals, and while the land-based gaming should remain ok-to-good in 2026, a return to growth in the challenged Las Vegas is not certain, the analyst tells investors in a research note. Digital gaming should continue to grow, but more clarity on sports prediction could help stocks, the firm added.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BRSL:
- Brightstar Lottery enters six-year contract with California Lottery
- Brightstar, Scientific Games announce joint venture for new lottery in Brazil
- Brightstar Lottery enters new contract with national lottery in Poland
- Brightstar Lottery Completes $500 Million Share Repurchase Program
- Brightstar Lottery PLC Prices $750M Notes and Plans Redemption