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Fly News Breaks for February 1, 2017
BYD
Feb 1, 2017 | 06:40 EDT
As previously reported, Nomura upgraded Boyd Gaming to Neutral from Reduce and raised its price target to $25 from $19. Analyst Harry Curtis expects excess cash generation to start accreting to shareholders first with a dividend, then through share repurchases, momentum in the Las Vegas locals market should drive EBTIDA growth through 2018, and sees an improving macro backdrop.
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