Truist Securities Maintains Buy Rating for Intl Game Tech: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Truist Securities has maintained its Buy rating for International Game Technology (NYSE:IGT) and increased its price target from $32.00 to $35.00. The shares of IGT are currently trading at $32.90, up 0.58% over the last 24 hours. A move to $35.00 would represent a 6.38% increase from the current share price.
July 18, 2023 | 5:00 pm
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Truist Securities has maintained its Buy rating for IGT and raised its price target, which could potentially lead to a positive impact on the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Truist Securities, a reputable financial institution, has maintained a Buy rating for IGT and raised its price target. This suggests that they believe the stock is undervalued at its current price and has potential for growth, which could attract more investors and drive the stock price up.
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IMPORTANCE 80
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