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

Rating:
Outperform
IGT
down 22.44 %

International Game Technology (IGT) rated Outperform with price target $29 by Oppenheimer

Posted on: Friday,  Jan 22, 2010  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform International Game Technology (NYSE: IGT) on 01/22/2010, when the stock price was $21.61. Since
then, International Game Technology has lost 22.44% as of 01/25/2016's recent price of $16.76.
If you would have followed this Oppenheimer's recommendation on IGT, you would have lost 22.44% of your investment in 2194 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).

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/22/2010 8:25 AM Buy
None
21.61 29.00
as of 12/31/2010
1 Week up  4.69 %
1 Month up  18.08 %
3 Months up  26.50 %
1 YTD down  -15.40 %

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