Morgan Stanley raised the firm’s price target on Boyd Gaming to $67 from $66 and keeps an Equal Weight rating on the shares in conjunction with the firm’s Q4 preview for the gaming group, citing a slightly higher Interactive estimate. After mixed performance last year, most gaming stocks have underperformed year-to-date as domestic data outside of Las Vegas Strip RevPAR remains “choppy” and as concerns linger over the resilience of consumer spending, the analyst noted.
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