Bally’s price target lowered to $11 from $15 at Truist

Truist analyst Barry Jonas lowered the firm’s price target on Bally’s (BALY) to $11 from $15 and keeps a Hold rating on the shares. Gaming has mostly recovered from tariff noise in Q1, with companies not yet pointing to any signs of consumer softness, the analyst tells investors in a research note. Regionals, Locals and Digital look positive, though Vegas appears to be in a choppy summer, the firm adds.