Scientific Games' $151.5M settlement of litigation with Shuffle Tech removes an overhang that has weighed on the stock over the past four months, albeit at the cost of the company's near term financial position and free cash flow generation, Jefferies analyst David Katz tells investors in a research note. Overall, the settlement provides clarity from a range of outcomes, which included the potential for no cash payment, says the analyst. As such. Katz expects a "mixed reaction" in the stock and keeps a Hold rating on Scientific Games with a $22 price target.