Susquehanna analyst Joseph Stauff lowered the firm’s price target on International Game (IGT) to $25 from $30 and keeps a Positive rating on the shares. The firm said with an expected Italian Lotto contract award to be announced on May 19th, the stock is already assuming the contract is lost. However, the firm believes the risk/reward remains attractive.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IGT:
