Market Overview

Jefferies Maintains Buy on Bally Technologies

Share:

Jefferies is out with its report today on Bally Technologies (NYSE: BYI), maintaining Buy.

In a note to clients, Jefferies writes, "We believe BYI's announced iVIEW DM contract with Caesars signals a critical inflection point for BYI's systems product momentum across the casino operators and supports our bullish thesis on the story, which calls for a decoupling of BYI from its competitors due to the unique value-add proposition represented by its various systems products. We view the announcement as bullish for the shares."

Jefferies maintains a $52 PT on BYI.

Shares of BYI closed Tuesday at $36.70, up 2.60% from Monday's close.

Posted-In: bally technologies JefferiesAnalyst Color Analyst Ratings

 

Related Articles (BYI)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
MJP MorganMaintains13.0
IPARDA DavidsonMaintains76.0
BSBRUBSUpgrades
TGTMorgan StanleyMaintains130.0
VCMorgan StanleyMaintains52.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Oversold, but Unable to Bounce!

Sensata To Acquire Sensor-NITE For $325M