Stifel downgrades IGT rating to hold and discusses potential spin-off impact
Monday, 4 March 2024, 11:09
Stifel Downgrades IGT Rating to Hold, Cites 'Spin-Off'
Stifel recently made the decision to downgrade the rating on IGT to hold, citing the potential of a spin-off. The move has garnered attention from investors and analysts alike, as it raises questions about the future outlook of the company.
Key Points:
- Rating Downgrade: Stifel has changed the rating on IGT from previous levels, suggesting a shift in sentiment towards the stock.
- Spin-Off Potential: The mention of a potential spin-off has sparked discussions about the strategic direction of the company going forward.
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