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Fly News Breaks for October 1, 2018
IGT
Oct 1, 2018 | 16:33 EDT
As noted earlier, SunTrust analyst Barry Jonas initiated International Game with a Hold rating and a price target of $21. The analyst states that while he is positive on the company's "defensive lottery business and stable gaming business" as well as the more reasonable valuation, he sees shares potentially range-bound in the short run until "meaningful capital returns" begin as soon as next year.