International Game Tech (IGT) Reports In-Line Q4 EPS, Beats on Revenues; Offers FY18 EBITDA Guidance

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International Game Tech (IGT) PT Raised to $34 at BofA/Merrill Lynch Following 4Q

March 9, 2018 7:56 AM EST

BofA/Merrill Lynch raised its price target on International Game Tech (NYSE: IGT) to $34.00 (from $32.00) while maintaining a Buy rating following the company's 4Q earnings report. Adjusted EBITDA of $452M was ahead of the Street's $440M estimate.

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