UPDATE: Stifel Nicolaus Cuts PT to $19 on SHFL entertainment on Expense Concerns

Stifel Nicolaus reiterated its Buy rating on SHFL entertainment (NASDAQ: SHFL ) but reduced its price target from $21 to $19. Stifel Nicolaus noted, "Although adjusted F4Q12 EPS fell in line with our $0.20 consensus-matching estimate, we exit the quarter with somewhat mixed emotions. While we continue to be