Scientific Games (SGMS) Misses Q1 EPS by 10c

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Sterne Agee CRT Cuts Price Target on Scientific Games (SGMS) to $13.50; Reiterates Buy

May 6, 2016 8:37 AM EDT

Sterne Agee CRT reiterated a Buy rating on Scientific Games (NASDAQ: SGMS), and cut the price target to $13.50 (from $15.50), following the company's 1Q earnings report.

Analyst David Bain commented, "Following a 5%/2% miss versus consensus/our forecast on slightly lower than expected gaming... More