Deutsche Bank Maintains Buy, Lifts PT on SHFL Entertainment (SHFL)
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Price: $23.19 --0%
Rating Summary:
2 Buy, 4 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
2 Buy, 4 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Deutsche Bank today maintained a Buy on SHFL Entertainment (NASDAQ: SHFL) price and modified its target to $22.00 (from $20.00). Analyst Kelly Knybel thinks positive outweigh risks.
"We believe the rollout of the MD3 and DeckMate2 shufflers, entrance into the U.S. slot market, a solid balance sheet and strong free cash flow, a growing PTG segment, and strategic and private equity interest in the equipment space outweigh concerns surrounding the significant reinvestment in the ETS segment that could fail to bear fruit, limited visibility into earnings, and continued sales/lease mix and margin volatility," she said.
For an analyst ratings summary and ratings history on Shuffle Master click here. For more ratings news on Shuffle Master click here.
Shares of Shuffle Master closed at $17.37 yesterday.
"We believe the rollout of the MD3 and DeckMate2 shufflers, entrance into the U.S. slot market, a solid balance sheet and strong free cash flow, a growing PTG segment, and strategic and private equity interest in the equipment space outweigh concerns surrounding the significant reinvestment in the ETS segment that could fail to bear fruit, limited visibility into earnings, and continued sales/lease mix and margin volatility," she said.
For an analyst ratings summary and ratings history on Shuffle Master click here. For more ratings news on Shuffle Master click here.
Shares of Shuffle Master closed at $17.37 yesterday.
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