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Boyd Gaming ( (BYD) ) has issued an update.
Boyd Gaming Corporation recently experienced a cybersecurity incident where an unauthorized third party accessed its internal IT system. The incident did not affect the company’s properties or business operations, and Boyd Gaming has taken steps to address the breach with the help of cybersecurity experts and law enforcement. Although some data, including employee information, was removed, the company believes there will be no material adverse effect on its financial condition. Boyd Gaming has a comprehensive cybersecurity insurance policy expected to cover associated costs.
The most recent analyst rating on (BYD) stock is a Buy with a $95.00 price target. To see the full list of analyst forecasts on Boyd Gaming stock, see the BYD Stock Forecast page.
Spark’s Take on BYD Stock
According to Spark, TipRanks’ AI Analyst, BYD is a Outperform.
Boyd Gaming’s overall stock score reflects strong financial performance and strategic initiatives, particularly the FanDuel transaction, which enhances its financial position. The technical indicators support a positive outlook, while valuation metrics suggest the stock is fairly priced. Challenges such as high leverage and regional demand fluctuations are noted but do not overshadow the company’s strengths.
To see Spark’s full report on BYD stock, click here.
More about Boyd Gaming
Average Trading Volume: 1,156,752
Technical Sentiment Signal: Buy
Current Market Cap: $6.69B
Find detailed analytics on BYD stock on TipRanks’ Stock Analysis page.