Argus Research Maintains Buy on Intl Game Tech, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst John Staszak maintains a Buy rating on International Game Technology (IGT) but lowers the price target from $30 to $27.

March 13, 2024 | 2:22 pm
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Argus Research maintains a Buy rating on IGT but reduces the price target from $30 to $27.
While the maintenance of a Buy rating suggests continued confidence in IGT's fundamentals and growth prospects, the reduction in the price target could indicate a reassessment of the company's near-term valuation or potential headwinds. This mixed signal might lead to neutral short-term price movement as investors digest both the reaffirmation of the stock's potential and the tempered valuation expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100