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Analysts at JPMorgan Chase & Co. decreased their price target on shares of Bally Technologies (NYSE:BYI) from $89.00 to $74.00 in a research report issued to clients and investors on Friday, American Banking and Market News reports. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 19.66% from the stock’s previous close.

Shares of Bally Technologies (NYSE:BYI) opened at 61.84 on Friday. Bally Technologies has a 52 week low of $52.14 and a 52 week high of $82.67. The stock’s 50-day moving average is $64.90 and its 200-day moving average is $70.95. The company has a market cap of $2.386 billion and a price-to-earnings ratio of 19.29.

Bally Technologies (NYSE:BYI) last released its earnings data on Thursday, May 1st. The company reported $1.10 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.12 by $0.02. The company had revenue of $338.40 million for the quarter, compared to the consensus estimate of $328.80 million. During the same quarter in the prior year, the company posted $0.93 earnings per share. The company’s quarterly revenue was up 30.6% on a year-over-year basis. Analysts expect that Bally Technologies will post $4.39 EPS for the current fiscal year.

A number of other analysts have also recently weighed in on BYI. Analysts at Telsey Advisory Group cut their price target on shares of Bally Technologies from $76.00 to $70.00 in a research note on Wednesday, March 26th. They now have a “not rated” rating on the stock. Separately, analysts at Goldman Sachs downgraded shares of Bally Technologies from a “neutral” rating to a “sell” rating in a research note on Wednesday, March 19th. They now have a $62.00 price target on the stock. Finally, analysts at Zacks downgraded shares of Bally Technologies from an “outperform” rating to a “neutral” rating in a research note on Tuesday, March 4th. They now have a $85.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. Bally Technologies presently has an average rating of “Hold” and an average price target of $76.00.

Bally Technologies, Inc (NYSE:BYI) is a global gaming company, which designs, manufactures, operates, and distributes advanced technology-based gaming devices, systems, server-based solutions, custom mobile applications, and interactive applications.

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