|Over a week ago|
PlayAGS rises 15.8% » 10:0003/1203/12/21
PlayAGS is up 15.8%, or…
PlayAGS is up 15.8%, or $1.19 to $8.70.
Fly Intel: Top five analyst upgrades » 09:5603/1203/12/21
AGS, DENN, DOCU, MDB, SWK
Catch up on today's…
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. PlayAGS (AGS) upgraded to Outperform from Neutral at Credit Suisse with analyst Benjamin Chaiken seeing a "compelling valuation" and potential upside to estimates. 2. Denny's (DENN) upgraded to Overweight from Equal Weight at Stephens with analyst James Rutherford saying "now that we are nearing the end of the deepest pandemic impacts, it is time to get off the sidelines." 3. DocuSign (DOCU) upgraded to Outperform from In Line at Evercore ISI with analyst Kirk Materne stating that the recent macro pullback and weakness in the stock creates a more attractive entry point. 4. MongoDB (MDB) upgraded to Buy from Hold at Argus with analyst Joseph Bonner viewing the company as a potential disrupter in the large enterprise database software market, with the opportunity to capture market share as enterprises migrate more critical IT workloads to the cloud. 5. Stanley Black & Decker (SWK) upgraded to Neutral from Underperform at BofA with analyst Ross Gilardi saying ongoing strength in power tool demand could be "amplified" by the latest $1.9T stimulus bill. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, Reference Link
PlayAGS rises 11.7% » 09:4703/1203/12/21
PlayAGS is up 11.7%, or…
PlayAGS is up 11.7%, or 88c to $8.39.
PlayAGS upgraded to Outperform from Neutral at Credit Suisse » 05:5403/1203/12/21
Credit Suisse analyst…
Credit Suisse analyst Benjamin Chaiken upgraded PlayAGS to Outperform from Neutral with a price target of $13, up from $3.72. The analyst sees a "compelling valuation" and potential upside to estimates. PlayAGS has a materially larger portion of its installed base "turned on," which signals that when faced with a decision, casinos are turning the company's machines on first, Chaiken tells investors in a research note. He believes this provides a competitive advantage versus peers and a faster ramp to "post-COVID normalcy." Further, PlayAGS's iGaming opportunity is accelerating, adds the analyst.
|Over a month ago|
PlayAGS price target raised to $10 from $8 at Macquarie » 08:4503/0503/05/21
Macquarie analyst Chad…
Macquarie analyst Chad Beynon raised the firm's price target on PlayAGS to $10 from $8 and keeps an Outperform rating on the shares post the Q4 results. The company's gaming operations are improving on a sequential basis, Beynon tells investors in a research note. The analyst says PlayAGS "remains a deep value name" which should benefit from the "reopening" of the economy.
PlayAGS price target raised to $10 from $6 at Deutsche Bank » 06:4903/0503/05/21
Deutsche Bank analyst…
Deutsche Bank analyst Carlo Santarelli raised the firm's price target on PlayAGS to $10 from $6 and keeps a Hold rating on the shares. As expected, the company's' Q4 "was uneventful," with trends largely unchanged from the "subdued, but improving," Q3 performance, Santarelli tells investors in a research note.
PlayAGS reports Q4 EPS (49c), consensus (42c) » 16:2403/0403/04/21
Reports Q4 revenue…
Reports Q4 revenue $46.62M, consensus $46.43M. AGS CEO David Lopez said, "Looking beyond the many challenges faced throughout the year, one of the bright spots, to the extent there was one, is that the COVID-19 pandemic slowed down the pace of life. As a company, we used this time to refine our strategy and improve our operating efficiency, with a keen focus on three key areas; people, product, and processes. As a result, I believe we are better positioned today to achieve success across all three of our business segments than at any other point in our company's history." CFO Kimo Akiona added, "Not only were we able to nimbly streamline our business to preserve liquidity at the onset of COVID-19, but we opportunistically shored up our balance sheet in May and successfully ramped operations as our casino operator partners gradually brought their businesses back online. As I look ahead to 2021, I believe our strong liquidity position, improving product portfolio, and organizational alignment position us to achieve improved financial performance"
PlayAGS price target raised to $14 from $8.50 at Roth Capital » 08:3902/1602/16/21
Roth Capital analyst…
Roth Capital analyst David Bain raised the firm's price target on PlayAGS to $14 from $8.50 and keeps a Buy rating on the shares. The analyst argues that continued stability, much of it structural, match recent game performance improvements. Moreover, a defined premium and whitespace product/geographic road map and potential late BH21 return to normalized domestic casino slot buying capex creates significant potential consensus upside, Bain adds. Further, the analyst believes shares can double over the next 12 months.
Exacta Systems signs agreement with AGS » 08:1102/1602/16/21
Exacta Systems announced…
Exacta Systems announced that it recently signed an agreement with Las Vegas-based gaming equipment supplier AGS to bring AGS game content, featured on AGS' award-winning game cabinets, onto the Exacta historical horse racing system. AGS games started in September 2020 on Exacta's system, which provides historical horse racing, or HHR, machines to gaming venues in Kentucky, Virginia, and Wyoming. Currently, AGS' Orionsm Portrait cabinets, with player-favorite game content such as Rakin' Bacon!, Peacock Beauty, Tiger Lord, Winter of the Dragons, and Wolf Queen, can be found at Kentucky Downs, Rosie's Gaming Emporium Richmond, and Rosie's Gaming Emporium Vinton.
Bet On It: Texas and Hawaii face opposition to legalized sports betting » 15:5702/1202/12/21
WYNN, MGM, SGMS, DKNG, PDYPY, RSI, PENN, LVS, EVRI, AGS, BALY, BYD, CZR, CHDN, GAN, WIMHY
Welcome to the latest…