BMC Reduces PT on Scientific Games, Maintains Buy (SGMS)

BMC reduced its price target on Scientific Games SGMS from $14 to $13. This reduction was not enough to propel BMC to downgrade Scientific Games from Buy, in spite of its failure to meet BMC's Q1 expectations. Scientific Games posted earnings per share above the Street's consensus estimate, however. Scientific Games lost 4.65% in today's trading. At the moment, its shares are standing at $10.05.