Sterne Agee CRT Reiterates Buy on Scientific Games (SGMS) Ahead of G2E Show

Sterne Agee CRT reiterates a Buy rating and $18.00 price target on Scientific Games (NASDAQ: SGMS) ahead of G2E gaming show. Analyst David Bain believes SGMS is poised to deliver strong product breadth versus competitors. G2E is scheduled for tuesday, September 29 through thursday, October 1.

Bain commented, "We believe SGMS is on track to at least meet, more likely exceed 3Q15 and 4Q15 consensus EBITDA estimates. We further believe SGMS should have a solid G2E later this month and is poised to capture market share next year driven by the introduction of its ArgOS platform. Reiterate Buy."

For an analyst ratings summary and ratings history on Scientific Games click here. For more ratings news on Scientific Games click here.

Shares of Scientific Games closed at $12.21 yesterday.

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