UPDATE: Stifel Nicolaus Downgrades SHFL entertainment Following Bally Technologies Acquisition Offer
July 18, 2013 at 10:04 AM EDT
In a report published Thursday, Stifel Nicolaus analyst Steven Wieczynski downgraded SHFL entertainment (NASDAQ: SHFL ) from Buy to Hold, and removed the $21.00 price target. In the report, Stifel Nicolaus noted, “Given Bally Technologies' (BYI: 67.13, Buy) pending offer to acquire SHFL for $23.25 per share (announced on 7/16/13),
