UPDATE: Sterne Agee Raises PT on Bally Technologies Following Solid F4Q13 Results
August 16, 2013 at 08:23 AM EDT
In a report published Friday, Sterne Agee analyst David Bain reiterated a Buy rating on Bally Technologies (NYSE: BYI ), and raised the price target from $74.00 to $83.00. In the report, Sterne Agee noted, “BYI's F4Q13 results demonstrate another solid beat, with systems revenue and margins outperforming consensus estimates.
