Stifel Downgrades PlayAGS to Hold, Raises Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Boyer has downgraded PlayAGS (NYSE:AGS) from Buy to Hold while raising the price target from $12 to $12.5.
May 23, 2024 | 9:31 am
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Stifel analyst Brad Boyer downgraded PlayAGS from Buy to Hold, but raised the price target from $12 to $12.5.
The downgrade from Buy to Hold suggests a neutral outlook, which could lead to a short-term stabilization or slight decline in the stock price. However, the raised price target to $12.5 indicates some positive sentiment about the company's valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100