SciPlay Corp. (SCPL) PT Lowered to $17 at DA Davidson

DA Davidson analyst Franco Granda lowered the price target on SciPlay Corp. (NASDAQ: SCPL) to $17.00 (from $18.00) while maintaining a Buy rating.

The analyst commented, "LINKBANCORP (LNKB) is a PA-based commercial bank with a seasoned management team that is targeting well-above peer loan growth. It is going to market with a branch-lite, high-touch, and technology forward commercial lending strategy in the underrated Southeastern PA geography. The management team has specific local experience in both building and selling banks for value. Post raising ~$38M in an IPO, we believe LNKB will have a similar eye towards shareholder value while posting robust above-peer loan growth (+32% CAGR 2Q22-'24E). With 24% total return upside to our $9PT, we initiate at BUY."

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