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Enter Symbol:
 
International Game Technology (IGT) [hlAlert]

Rating:
Outperform
IGT
down 4.06 %

International Game Technology (IGT) rated Outperform by Wells Fargo

Posted on: Tuesday,  Mar 19, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform International Game Technology (NYSE: IGT) on 03/19/2013, when the stock price was $17.47. Since
then, International Game Technology has lost 4.06% as of 01/25/2016's recent price of $16.76.
If you would have followed this Wells Fargo's recommendation on IGT, you would have lost 4.06% of your investment in 1042 days.

International Game Technology (IGT) is a global gaming company specializing in the design, manufacture, and marketing of electronic gaming equipment and systems products. IGT maintains an array of entertainment-inspired gaming product lines. In addition to its United States production facilities in Nevada, it manufactures gaming products in the United Kingdom, and through third-party manufacturers in Japan and China. The Company derives its revenues from the distribution of electronic gaming equipment, systems, services and licensing. It operates in two segments: North America and International. North America consists of its operations in the United States and Canada, comprising 77% of consolidated revenues during the fiscal year ended October 3, 2009 (fiscal 2009). International consists of its operations in all other jurisdictions worldwide, comprising 23% of consolidated revenues during fiscal 2009. In January 2009, it acquired Progressive Gaming International Corporation (PGIC).

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/19/2013 8:25 AM Buy
None
17.47
as of 12/13/2013
1 Week down  -2.51 %
1 Month down  -3.00 %
3 Months down  -14.27 %
1 YTD down  -0.28 %

(*) Stock Price at the time of the recommendation.
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