Janney Says WMS Is No Gamble (WMS)
By Benzinga Staff
March 15, 2010 8:45 AM
March 15, 2010 8:45 AM
After a recent meeting with the management of casino game manufacturer WMS Industries Inc. (NYSE: WMS), analysts from Janney Capital Markets believe that WMS will "benefit the most from an acceleration in the replacement cycle."
Janney believes "the replacement market will improve in 2010 to the mid 40,000 level and then improve further to the mid 50,000 level in 2011."
The analysts also believe that WMS has opportunities for organic growth with the release of the xD cabinet.
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