IGT / IGT (IGT) Upgraded to Buy: What Does It Mean for the Stock?

International Game Technology PLC (NYSE:IGT ) Q3 2023 Earnings Conference Call October 31, 2023 8:00 AM ET Company Participants James Hurley - Senior more_horizontal

The gaming leader may be on the verge of selling key assets. A private equity firm is reported to be interested in buying the company's global gaming more_horizontal

Market opportunity is significant for IGT products, demonstrated by the increase in total installed units and shipments. Improvement in operational ex more_horizontal

Although the revenue and EPS for IGT (IGT) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering ho more_horizontal

International Game Technology (IGT) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.34 per share. This more_horizontal

IGT (IGT) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are c more_horizontal

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

IGT (IGT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock h more_horizontal