Intl Game Tech Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on Intl Game Tech (NYSE:IGT), with 6 ratings in the last 3 months showing a shift towards bullish sentiment. The average 12-month price target is $28.5, down from $30.60, reflecting a 6.86% decrease. The company's financials indicate a positive revenue trend with a growth rate of 3.39% as of December 31, 2023, but challenges in ROE and a strong net margin of -0.71%. Analysts' actions and price target adjustments suggest a cautious but slightly optimistic outlook on IGT's performance.
April 05, 2024 | 7:00 pm
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Analysts have a mixed but slightly bullish outlook on IGT, with recent adjustments in price targets and ratings. The company shows a positive revenue trend but faces challenges in ROE and boasts a strong net margin.
The mixed but slightly bullish sentiment from analysts, combined with the company's positive revenue trend and strong net margin, suggests a potential short-term positive impact on IGT's stock price. However, challenges in ROE and the recent decrease in the average price target introduce caution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100