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Fly News Breaks for December 4, 2017
IGT
Dec 4, 2017 | 08:55 EDT
Deutsche Bank analyst Carlo Santarelli says International Game Technology and its joint venture partners officially accepting the renewal of the Italian Scratch & Win concession through September 2028 is positive news. The development removes a potential 2018 overhang while the terms of the existing contract were left as is, Santarelli tells investors in a research note. He keeps a Buy rating on International Game with a $34 price target.