Aristocrat Leisure upgraded to Conviction Buy from Buy at Goldman Sachs

Goldman Sachs analyst Darshana Nair Syama added Aristocrat Leisure to the firm’s Conviction List while maintaining a Buy rating with a A$45.70 price target on the shares. At the current valuation, the market only factors in Anaxi as "more of a free-optionality that comes along with the more established gaming businesses," the firm contends.