Jefferies Initiates Coverage On Casino Stocks (PNK, WYNN, LVS, PENN, ASCA, MGM, ISLE, BYD)
Tags: Jefferies
Analysts at Jefferies initiated coverage of several casino stocks. The following are 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.
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