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Goldman Sachs Says Put Your Money On DraftKings, Penn National
Tuesday, January 26, 2021 - 12:22pm | 451An analyst has singled out two market leaders in the growing online sports betting market. The Analyst: Goldman Sachs analyst Stephen Grambling upgrades DraftKings Inc (NASDAQ: DKNG) from Neutral to Buy and raises the price target from $45 to $65. The analyst reiterates a Buy...
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Why Goldman Sachs Is Sidelined On Caesars Entertainment, Bearish On MGM Resorts
Monday, September 14, 2020 - 12:24pm | 549Goldman Sachs shared takes on Caesars Entertainment Corporation (NASDAQ: CZR) and MGM Resorts International (NASDAQ: MGM) Monday. Here's why the firm is neutral on Caesars and turning bearish on MGM. The Casinos Analyst: Stephen Grambling initiated coverage of Caesars...
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Goldman Sachs Upgrades Aramark On Potential For Rapid Rebound, Accelerated Growth
Wednesday, September 9, 2020 - 2:43pm | 236Aramark (NYSE: ARMK) recorded lower-than-expected cash burn during the downturn and has greater sales opportunities on a COVID-19 recovery, according to Goldman Sachs. The Aramark Analyst: Stephen Grambling upgraded Aramark from Neutral to Buy, raising the price target from $23 to $36....
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Goldman Sachs Upgrades Wyndham, Hilton Grand, Says Timeshares Could See 'Pent-Up Demand'
Tuesday, September 8, 2020 - 12:54pm | 293A potential rapid recovery in consumer demand for vacation ownership could drive upside to the shares of Wyndham Destinations Inc (NYSE: WYND) and Hilton Grand Vacations Inc (NYSE: HGV), according to Goldman Sachs. The Wyndham, Hilton Grand Analyst: Stephen Grambling upgraded Wyndham Destinations...
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Why Goldman Sachs Is Bullish On Penn National Gaming's Coronavirus Recovery
Thursday, August 13, 2020 - 2:37pm | 404Penn National Gaming, Inc (NASDAQ: PENN) shares were rallying strongly Thursday following positive sell-side comments. The Penn National Analyst: Goldman Sachs analyst Stephen Grambling initiated coverage of Penn National with a Buy rating and 12-month price target of $60, suggesting 20%...
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Wynn Is Set To Win Amid Gaming Resurgence In Macau, Goldman Sachs Says
Tuesday, September 24, 2019 - 1:44pm | 448Wynn Resorts, Limited (NASDAQ: WYNN) is set to benefit from a return of the high rollers to a resurgent Macau, Goldman Sachs said Tuesday. The Analyst Goldman Sachs analyst Stephen Grambling upgraded Wynn Resorts from Neutral to Buy and raised the price target from $140 to $155. Grambling continues...
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Goldman Sachs Upgrades Carnival, Says Line Is Cruising Toward Growth
Wednesday, March 13, 2019 - 2:45pm | 317Carnival Corp. (NYSE: CCL) is cruising along and its stock should be floating higher, according to Goldman Sachs. The Analyst Goldman’s Stephen Grambling upgraded his rating on the cruise ship company’s stock from Neutral to Buy with a price target of $65. The Thesis Grambling expects...
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Goldman Sachs Cashes Out Of MGM Stock, Recommends Wyndham And Las Vegas Sands
Tuesday, June 26, 2018 - 3:55pm | 430For MGM Resorts International (NYSE: MGM), Las Vegas business hasn’t been booming the way some investors had hoped, prompting one Wall Street analyst to take a closer look at the stock. The Analyst Goldman Sachs analyst Stephen Grambling downgraded MGM from Buy to Neutral, removed the stock...
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Goldman Sachs On Lodging Stocks: What To Sell, What To Buy
Monday, June 11, 2018 - 4:07pm | 648Recent industrywide consolidation in the lodging sector leaves multiple stocks trading at an "unfavorable" risk-reward profile, according to Goldman Sachs. The Analyst Goldman Sachs' Stephen Grambling downgraded Host Hotels and Resorts Inc (NYSE: HST) from Neutral to Sell with an...
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Goldman Neutral On Lodging; Says Buy Marriott, Sell La Quinta
Monday, September 26, 2016 - 8:46am | 408Demand indicators in the US Lodging industry are decelerating in relation to building supply growth, Goldman Sachs’ Stephen Grambling said in a report. He initiated coverage on the Lodging sector with a Neutral view, citing concerns regarding the sector’s backdrop in the back half of...
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Rising Bio-Fuel And Food Prices: Casey's General Stores Upgraded To Buy, Conviction List At Goldman Sachs
Wednesday, June 29, 2016 - 9:09am | 342Goldman Sach's Stephen Grambling upgraded Casey's General Stores Inc (NASDAQ: CASY) to from Neutral to Buy, raising the price target from $123.00 to $145.00 — all while adding the company to Goldman's Conviction Buy List. Rising Biofuel Prices The analyst believes Casey will benefit from...
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Goldman Says Expectations For Five Below 'Still Too High'
Friday, June 3, 2016 - 9:03am | 306Five Below Inc (NASDAQ: FIVE) reported its 1Q EPS and SSS ahead of expectations. Goldman Sachs’ Stephen Grambling maintained a Sell rating for the company, while raising the price target from $30 to $31. The analyst believes that the company’s near-term performance would be adversely...
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Goldman Praises Dollar General's Consistent Top Line, Cost Control
Friday, May 27, 2016 - 8:52am | 293Goldman Sachs reiterated its Buy rating on Dollar General Corp. (NYSE: DG) and raised its price target by $5 to $97, implying 10 percent upside, after the company delivered double-digit EPS growth in its first quarter. Quarterly Results Better cost controls and consistent top line led the...
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Goldman Highlights Margin Inflection At Dollar Tree, Reiterates Buy
Friday, May 27, 2016 - 8:39am | 322Dollar Tree, Inc. (NASDAQ: DLTR) reported a beat quarter for 1Q, with the adjusted EPS beating the estimate and the consensus. Goldman Sachs’ Stephen Grambling reiterated a Buy rating on the company, with a price target of $107. Beat Quarter Dollar Tree reported its adjusted EPS for the...
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JC Penney Confirmed Fears, Stock Will Be Under Pressure
Friday, May 13, 2016 - 9:33am | 288J C Penney Company Inc (NYSE: JCP) reported disappointing same-store sales and gross margins for 1Q. Goldman Sachs’ Stephen Grambling mentioned that the results “tracked weakness across the space,” the stock may come under pressure. Then analyst placed estimates and price target...