Golden Entertainment price target lowered to $44 from $45 at Truist

Truist analyst Barry Jonas lowered the firm’s price target on Golden Entertainment to $44 from $45 but keeps a Buy rating on the shares as part of a broader research note previewing Q1 earnings in Gaming. The group has underperformed a resilient S&P year-to-date, but consumer discretionary spend – especially on casino floors – remains sturdy in the face of continued macro uncertainty, the analyst tells investors in a research note. Midweek business for the company didn’t recover as quickly as hoped, but Atomic Golf is driving its performance, the firm added.