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, "With the collection of flimsy theses and missed expectations, investors' trepidation on equipment companies has been sensible. However, we believe a change is forthcoming in 2HFY12, and some credit for certain business opportunities should be given. Although our updated estimates suggest the next few quarters should bear little change from the past several, we remain focused on the key differentiating factors for BYI."

Jefferies maintains a $52 PT on BYI.

Shares of BYI closed Thursday at $41.10, up 1.83% from Wednesday's close.

 

Related Articles (BYI)

View Comments and Join the Discussion!

Posted-In: bally technologies JefferiesAnalyst Color Analyst Ratings

Latest Ratings

StockFirmActionPT
WPMScotiaBankMaintains55.0
NPIScotiaBankMaintains39.0
MRUScotiaBankMaintains66.0
LUGScotiaBankUpgrades14.0
JWELScotiaBankMaintains37.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
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.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
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