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

Rating:
Buy IGT
down 55.48 %

International Game Technology (IGT) rated Buy

Posted on: Monday,  Jul 16, 2007  9:25 AM ET by CIBC Wrld Mkts

CIBC Wrld Mkts rated Buy International Game Technology (NYSE: IGT) on 07/16/2007, when the stock price was $37.65.
Since then, International Game Technology has lost 55.48% as of 01/25/2016's recent price of $16.76.
If you would have followed this CIBC Wrld Mkts's recommendation on IGT, you would have lost 55.48% of your investment in 3115 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).

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
7/16/2007 9:25 AM Buy
None
37.65 55.00
as of 8/27/2015
1 Week down  -4.00 %
1 Month down  -9.06 %
3 Months down  -8.31 %
1 YTD down  -7.70 %

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