Raymond James raised the firm’s price target on Boyd Gaming (BYD) to $94 from $85 and keeps an Outperform rating on the shares. Boyd Gaming is in an “enviable” position within gaming, with stable retail operations with margins holding, low leverage, returning capital to shareholders, and strong ROIs on capital investment, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BYD:
- Tesla’s (TSLA) Stock Slips as China-Made EV Sales Climb Monthly—Still Down from Last Year
- Tesla Cuts New Model 3 Prices by 4% in China, While Norway Sales Surge 38%
- Nevada reports July statewide gaming win up 3.99% to $1.36B
- Tesla Stock (TSLA) Drops as Carmakers Blasted For Waving the White Flag to China in the U.K.
- Tesla Slashes EV Leasing Prices by 40% in UK Amid Sales Slump