Wells Fargo initiated coverage of Golden Entertainment (GDEN) with an Overweight rating and $38 price target Calling it “a simple story,” the firm points out Golden Entertainment has a strong balance sheet and proactive management team exploring optionality, with fundamentals expecting to stabilize in 2025, while the stock’s valuation seems reasonable at current levels.
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Read More on GDEN:
- Golden Entertainment price target raised to $36 from $35 at JMP Securities
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- Golden Entertainment price target lowered to $38 from $39 at Macquarie
- Golden Entertainment Reports Q3 2024 Financial Results
- Golden Entertainment reports Q3 EPS 18c, consensus 7c
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