Following Bally Technologies, Inc.'s BYI systems user conference in California, Goldman Sachs said that is maintaining its Sell rating on the shares.
“We remain Sell rated on Bally given the structural challenges within the broader industry,” Goldman Sachs writes. “However, as indicated in our recent slot survey, Bally's systems are gaining momentum and we were further encouraged by what was shown at the conference.
“No changes to estimates or price target.”
Bally Technologies closed Wednesday at $36.18.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in