Morgan Stanley raised the firm’s price target on Boyd Gaming (BYD) to $87 from $86 and keeps an Equal Weight rating on the shares. Q1 demand trends have improved, but data is mixed by sub-segment, the analyst tells investors in a preview for the casino gaming group. The firm expects few misses and for most companies to stay relatively conservative with outlooks, the analyst added.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BYD:
- Boyd Gaming price target lowered to $87 from $89 at Susquehanna
- Tesla Stock (TSLA) Fails to Motor Despite European EV Sales Pick-Up
- Appeals court rules NJ can’t stop Kalshi bets on sports, Reuters says
- Tesla China EV Sales Rise 8.7% – Why Is TSLA Stock Falling?
- Nevada reports February statewide gaming win up 1.5% to $1.24B