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Analyst's outlook on Scientific Games downgraded
A Bank of America analyst on Monday downgraded Scientific Games Corp., which sells instant lottery tickets to more than 50 countries, saying that he was bearish on growth expectations in Germany.
Analyst David Vas downgraded the stock to Neutral from Buy, and lowered his price target by $5 to $31.
Vas said that instant ticket sales from two cooperative contracts in Germany have been sluggish due to legislative issues hindering the company's distribution and advertisement of scratch-off
Sep 12, 2006, 9:39 am - Lottery News
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