Stifel lowered the firm’s price target on International Game (IGT) to $22 from $26 and keeps a Buy rating on the shares. The firm’s checks suggest stability across regional gross gaming revenue, lottery sales, and slot shipments, says the analyst, who forecasts a Q1 earnings beat for PlayAGS (AGS), misses for Light & Wonder (LNW) and Everi Holdings (EVRI), and inline results for International Game. The firm updated estimates to reflect modest cost inflation and uncertainty-related pullback in replacements, the analyst added in a preview for the leisure gaming tech group.
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