Everi Holdings Inc. (EVRI) August 75 calls active

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Go back to Everi Holdings Inc. (EVRI) August 75 calls active

Stifel on Everi Holdings (EVRI): 'surprised would certainly be an understatement', 'we view this unexpected development as a favorable outcome for IGT shareholders'

July 26, 2024 10:09 AM EDT

Stifel analyst Jeffrey A. Stantia reiterated a Buy rating and $11.00 price target on Everi Holdings (NYSE: EVRI)

The analyst comments "Our take: To say we are surprised would certainly be an understatement. While we did initially highlight potential for a strategic alternative for EVRI to emerge prior to deal close, we have since felt the odds were diminished given an approaching deal close & additional data points evidencing prolonged challenges in the EVRI Games business. Apollo was... More