Deutsche Bank Believes International Game Technology (IGT) Won’t Stop Here


In a report released yesterday, Carlo Santarelli from Deutsche Bank maintained a Buy rating on International Game Technology (NYSE: IGT), with a price target of $35. The company’s shares closed yesterday at $29.81, close to its 52-week high of $31.

According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 16.3% and a 75.0% success rate. Santarelli covers the Services sector, focusing on stocks such as Marriott International, Penn National Gaming, and Red Rock Resorts Inc.

International Game Technology has an analyst consensus of Strong Buy, with a price target consensus of $34.33.

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The company has a one-year high of $31 and a one-year low of $17.25. Currently, International Game Technology has an average volume of 1.39M.

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International Game Technology Plc engages in the designing, manufacturing, and marketing of electronic gaming equipment, software, and network systems. It operates through the following segments: North America Gaming and Interactive; North America Lottery, International, Italy, and Other.

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