Market Overview

Jefferies Initiates Coverage On Casino Stocks (PNK, WYNN, LVS, PENN, ASCA, MGM, ISLE, BYD)

Analysts at Jefferies initiated coverage of several casino stocks. The following is all the companies in Jefferies’ report, followed by its respective rating and price target:

Buy
Pinnacle Entertainment (NYSE: PNK) – Target price set to $15.
Wynn Resorts (NASDAQ: WYNN) – Target price set to $94.
Las Vegas Sands (NYSE: LVS) – Target price set to $30.

Hold
Penn National (NASDAQ: PENN) – Target price set to $26.
Ameristar Casinos (NASDAQ: ASCA) – Target price set to $17.
MGM Mirage (NYSE: MGM) – Target price set to $10.
Isle of Capri (NASDAQ: ISLE) – Target price set to $10.

Underperform
Boyd Gaming (NYSE: BYD) – Target price set to $7.

More Analyst Ratings here.

Posted-In: JefferiesLong Ideas News Short Ideas Initiation Markets Analyst Ratings Trading Ideas

 

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