Wedbush Downgrades SciPlay to Neutral, Announces $23 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Michael Pachter has downgraded SciPlay (NASDAQ:SCPL) from Outperform to Neutral and announced a $23 price target.
August 09, 2023 | 12:32 pm
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NEGATIVE IMPACT
SciPlay has been downgraded from Outperform to Neutral by Wedbush, with a new price target of $23.
The downgrade from Outperform to Neutral by Wedbush indicates a less optimistic outlook for SciPlay's stock. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $23 also provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100