Boyd Gaming price target raised to $67 from $65 at Stifel

Stifel raised the firm’s price target on Boyd Gaming to $67 from $65 and keeps a Hold rating on the shares. Boyd “didn’t directly answer the question” about M&A, but they “also didn’t flat out indicate they wouldn’t be interested in large-scale M&A,” the analyst tells investors. Excluding all the M&A chatter, Boyd’s core operations performed better than the firm was expecting, with margins exceeding Stifel’s forecast, the analyst added.