Truist lowered the firm’s price target on Inspired Entertainment (INSE) to $11 from $13 and keeps a Buy rating on the shares. The firm says that tariff uncertainty has re-rated its coverage lower – suggesting less confidence in estimates. Nonetheless, Truist thinks Gaming is among the best positioned sub-sectors within a perhaps more mixed consumer sector.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INSE:
- Inspired Entertainment price target lowered to $13 from $14 at Citizens JMP
- Inspired Entertainment transferred with Buy rating at B. Riley
- Inspired Entertainment announces long-term contract extension with Buzz Bingo
- Inspired Entertainment Reports Strong Q4 and Year-End Results
- Inspired Entertainment’s Earnings Call: Growth Amid Challenges
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue