3 days ago
Stifel Nicolaus Sticks to Their Hold Rating for Boyd Gaming (BYD)
In a report released yesterday, Steven Wieczynski from Stifel Nicolaus maintained a Hold rating on Boyd Gaming (BYD – Research Report), with a price target of $76.00. The company's shares closed yesterday at $73.93.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Wieczynski is a 5-star analyst with an average return of 10.2% and a 48.35% success rate. Wieczynski covers the Consumer Cyclical sector, focusing on stocks such as Royal Caribbean, Boyd Gaming, and Las Vegas Sands.
Currently, the analyst consensus on Boyd Gaming is a Moderate Buy with an average price target of $79.71, a 7.82% upside from current levels. In a report released on May 30, Morgan Stanley also maintained a Hold rating on the stock with a $76.00 price target.
Based on Boyd Gaming's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $991.57 million and a net profit of $110.35 million. In comparison, last year the company earned a revenue of $960.52 million and had a net profit of $136.47 million
