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International Game Technology (IGT) [hlAlert]

Rating:
Buy IGT
down 61.20 %

International Game Technology (IGT) rated Buy

Posted on: Sunday,  Feb 17, 2008  3:08 PM ET by Citi Investment Research Top Picks Live for 2008

Citi Investment Research Top Picks Live for 2008 rated Buy International Game Technology (NYSE: IGT) on 01/03/2008, when the stock price was
$43.20. Since then, International Game Technology has lost 61.20% as of 01/25/2016's recent price of $16.76.
If you would have followed this Citi Investment Research Top Picks Live for 2008's recommendation on IGT, you would have lost 61.2% of your investment in 2944 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).

Citi Investment Research (CIR) Top Picks for 2008 represents the most compelling investment ideas from our U.S.-based security analysts; with 58 Buy- or Sell-rated stocks in all.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/3/2008 4:00 PM Buy
1 year
43.20
as of 12/24/2008
1 Week down  -1.46 %
1 Month up  17.09 %
3 Months down  -2.96 %
1 YTD down  -74.72 %

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