Bally Technologies Inc (BYI)

[Bob22701]

BYI - Analyst Rating In Review: Bally Technologies Bid Up 4.9% Since Upgraded 7 Days Ago (BYI)
5 hours 17 minutes ago - Financial News Network Online - News Corner via Comtex
One week ago Bally Technologies (NYSE:BYI) was upgraded from Neutral to Buy at Goldman Sachs. Bally Technologies shares are selling at $41.77, 4.9% above the $39.81 price point of one week ago.

There is potential upside of 2.9% for shares of Bally Technologies based on a current price of $41.58 and an average consensus analyst price target of $42.77. The stock should discover initial support at its 50-day moving average (MA) of $38.01 and subsequent support at its 200-day MA of $36.25.

Over the past year, Bally Technologies has traded in a range of $24.74 to $43.51 and is now at $41.58, 68% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.9%.

Bally Technologies Inc. designs, manufactures, distributes gaming devices, systems, and technology solutions worldwide. The Company's product line includes slot machines, video slots, wide-area progressives and Class II, lottery and central determination games and platforms. Bally's offers casino management, slot accounting, bonusing, cashless and table management solutions.

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GLTA
Bob