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Fly News Breaks for April 8, 2019
AGS
Apr 8, 2019 | 07:51 EDT
Roth Capital analyst David Bain started coverage of PlayAGS with a Buy rating and a $35 price target. The analyst believes PlayAGS offers visible peer-high growth with significant upside optionality anchored by a top-tier management team. With over 70% of its revenue recurring, peer-high margins, ample white space opportunity and significant underrepresentation in all but a fraction of gaming machine markets, Bain believes PlayAGS is staged for outsized earnings growth for several years.
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