Jefferies upgraded PlayAGS shares to buy from hold, citing brighter prospects of accelerating product momentum.
Jefferies says although electronic gaming machines supplier PlayAGS has fallen to deep "out-of-favor status," the "severely undervalued small-cap stock" is nevertheless a prime opportunity for investors. The firm upgraded PlayAGS shares to buy from hold, and raised its price target to $10, implying 89% upside from Friday's close.
to continue growing, [and] leverage to begin decreasing." After surging 13% Monday on the upgrade, PlayAGS shares are now ahead by almost 18% year-to-date, after sliding 25% in 2022. —CNBC's Michael Bloom contributed to this report.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Android 14 played a surprisingly small role in Google’s I/O keynoteLots of AI and not much Android.
Read more »
Small Business Optimism Falls to Lowest Level in a DecadeConfidence among small business owners fell to the lowest level in a decade as concerns about finding quality workers edged past inflation and profit expectations deteriorated.
Read more »
Gardeners and small farmers are growing produce with surprisingly little waterIn the face of a historic drought, gardeners and small farmers across Arizona are growing produce with a surprisingly scant amount of a precious ingredient: water.
Read more »
Challenging Widely Accepted Theory of Planetary Formation – Small Stars May Host Bigger Planets Than ThoughtStars with a mass less than half that of the Sun can harbor massive gas giants similar to Jupiter, contradicting the prevailing theory of planetary formation, a recent study by researchers from University College London (UCL) and the University of Warwick reveals. Gas giant planets, along with ot
Read more »
Anthony Volpe’s small-ball display, baserunning propel Yankees in winAnthony Volpe didn’t just put on a display of small-ball, but also showed off the kind of baserunning clinic that is no longer seen in baseball.
Read more »