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Sterne Agee Says MGM, Penn National Could Bid for Ameristar Casinos

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Sterne Agee's David Bain believes MGM Resorts (NYSE: MGM) or Penn National (NYSE: PENN) might be interested in bidding for Ameristar Casinos (NASDAQ: ASCA).

The analyst maintains a Neutral rating and $18.50 price target on shares of Ameristar.

Latest Ratings for ASCA

DateFirmActionFromTo
Feb 2013Raymond JamesDowngradesStrong BuyMarket Perform
Jan 2013Janney CapitalDowngradesBuyNeutral
Jan 2013RBC CapitalDowngradesOutperformSector Perform

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