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Deutsche cuts Scientific Games target on IPO plans

Nov. 13, 2018 3:18 PM ETLight & Wonder, Inc. (LNW) StockLNWBy: Brandy Betz, SA News Editor
  • Deutsche Bank reiterates its Hold rating on Scientific Games (NASDAQ:SGMS) but cuts the target from $45 to $26.
  • Analyst Carlo Santarelli cites the lukewarm earnings and announcement that the company is considering an IPO for its social gaming business.   
  • Scientific Games shares are down 2% to $20.54.    
  • Previously: Scientific Games EPS of -$3.85 (Nov. 8)

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