Susquehanna analyst Joseph Stauff raised the firm’s price target on Boyd Gaming to $84 from $80 and keeps a Positive rating on the shares. The analyst said anxiety over some eventual consumer slowdown is likely not going away, but the company’s 2023 consensus estimates look way too low. We raised our 2Q and 3Q projections and kept our 4Q estimates which in aggregate lifts our full year 2023 revenue and EBITDA projections.
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Published first on TheFly
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Read More on BYD:
- Boyd Gaming price target raised to $77 from $75 at Barclays
- Boyd Gaming reports Q1 EPS $1.93, consensus $1.49
- Nevada reports March statewide gaming win down 3.18% to $1.31B
- Bet On It: Las Vegas Sands CEO touts ‘robust’ recovery in travel and tourism
- Boyd Gaming price target raised to $75 from $70 at Barclays
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