DA Davidson Downgrades SciPlay to Neutral, Announces $23 Price Target
Portfolio Pulse from richadhand@benzinga.com
DA Davidson analyst Franco Granda has downgraded SciPlay (NASDAQ:SCPL) from Buy to Neutral and set a price target of $23.
August 09, 2023 | 9:10 am
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NEGATIVE IMPACT
SciPlay has been downgraded from Buy to Neutral by DA Davidson, with a new price target of $23.
The downgrade from Buy to Neutral by DA Davidson indicates a less optimistic outlook for the company's stock. This could potentially lead to a decrease in demand for the stock, and subsequently, a decrease in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100