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Enter Symbol:
Bally Technologies, Inc. (BYI) [hlAlert]

Sector Outperform
up 160.21 %

Bally Technologies, Inc. (BYI) rated Sector Outperform with price target $59 by CIBC Wrld Mkts

Posted on: Thursday,  Jan 3, 2008  8:25 AM ET by CIBC Wrld Mkts

CIBC Wrld Mkts rated Sector Outperform Bally Technologies, Inc. (NYSE: BYI) on 01/03/2008. Previously CIBC Wrld Mkts rated Buy Bally Technologies, Inc. (NYSE:
BYI) on 08/22/2007., when the stock price was $32.00. Since then, Bally Technologies, Inc. has gained 160.22% as of 11/21/2015's recent price of $83.27.
If you would have followed the previous CIBC Wrld Mkts's recommendation on BYI, you would have gained 160.21% of your investment in 3013 days.

Bally Technologies, Inc. is a gaming company that designs, manufactures, distributes and operates gaming devices and computerized monitoring and accounting and player-tracking systems for gaming devices. It also offers its customers a range of rental options. The Company also owns and operates the Rainbow Casino in Vicksburg, Mississippi. The Company operates in two business units: the Bally Gaming Equipment and Systems and the Rainbow Casino. The Bally Gaming Equipment and Systems segment consists of three primary revenue sources: Gaming Equipment, which includes the sale of gaming devices and related equipment, parts and conversion kits; Gaming Operations, which includes the operation of linked progressive systems, video lottery and centrally determined systems and the rental of gaming devices and content; and Systems, which includes the sale and support of computerized monitoring systems. Revenue from the casino operations is derived from the operation of the Rainbow Casino.

CIBC World Markets strives to deliver leading edge investment research to investing clients through our multi-faceted, firm-wide research product offering. Our research has consistently been recognized as a top research source for its breadth of coverage, industry knowledge and quality of work in generating profitable and timely investment ideas. We provide in-depth coverage for all of the major sectors of the Canadian economy and select coverage of U.S. companies. Our analytical teams remain committed to identifying trends early and developing exploitable investment opportunities across the market capitalization spectrum. With the continued growth in quantitative and computerized investing strategies, we have also developed leading edge quantitative and technical research products to partner with our fundamental approach. Our products are available through several automated avenues: email, website, and third-party market vendors. Client service is our driving force and we constantly advance in offering greater product customization options.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/3/2008 8:25 AM Buy
49.21 59.00
as of 12/24/2008
1 Week up  3.14 %
1 Month up  42.80 %
3 Months up  17.36 %
1 YTD down  -26.82 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/12/2007 9:25 AM Buy
40.00 47.00
8/22/2007 9:25 AM Buy
32.00 35.00

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