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

Stifel raised the firm’s price target on SciPlay to $18 from $17 and keeps a Hold rating on the shares ahead of the company’s Q1 earnings report. Stifel’s current forecast reflects growth for the legacy business, with 3P data suggesting relative outperformance against a down market and potential share gains during the quarter. While its current valuations are reasonable, it suggests limited upside to the company’s updated target price objective.