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Fly News Breaks for September 16, 2016
IGT
Sep 16, 2016 | 07:12 EDT
Argus analyst John Staszak initiated International Game Technology with a Buy and $30 price target given solid cash flow, synergies from the recent merger with GTECH, and prospects for strong revenue and earnings growth going forward. The analyst also expects IGT to benefit from greater diversification following the merger and from more moderate currency headwinds.
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