Jefferies Starts International Game Technology (IGT) at Hold
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Price: $17.16 +0.12%
Rating Summary:
9 Buy, 10 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 21
Rating Summary:
9 Buy, 10 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 21
Trade IGT Now!
Jefferies initiates coverage on International Game Technology (NYSE: IGT) with a Hold rating and $16 price target.
The firm said, "While we believe the company is plotting a valid strategy for recovery, the currently weak demand environment should limit the progress of the company's turnaround for the next several quarters. As such, we believe IGT's turnaround story will coincide with that of the market."
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The firm said, "While we believe the company is plotting a valid strategy for recovery, the currently weak demand environment should limit the progress of the company's turnaround for the next several quarters. As such, we believe IGT's turnaround story will coincide with that of the market."
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