Boyd Gaming price target raised to $80 from $78 at Argus

Argus analyst John Staszak raised the firm’s price target on Boyd Gaming to $80 from $78 and keeps a Buy rating on the shares after its Q2 earnings beat last week. The company is benefiting from efforts to cut costs as well as from its recent acquisitions, the analyst tells investors in a research note, adding that Boyd’s partnership with FanDuel and the expansion of its online betting platform are seen as its “future growth drivers”.