Deutsche Bank Downgrades SciPlay to Hold, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Benjamin Soff downgrades SciPlay (NASDAQ:SCPL) from Buy to Hold and lowers the price target from $21 to $20.
May 19, 2023 | 10:56 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Deutsche Bank downgraded SciPlay (NASDAQ:SCPL) to Hold and lowered the price target from $21 to $20.
The downgrade from Buy to Hold and the lowering of the price target by Deutsche Bank analyst Benjamin Soff indicates a less optimistic outlook for SciPlay's stock. This could lead to a short-term negative impact on the stock price as investors may adjust their positions based on the new rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100