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Fly News Breaks for June 11, 2019
BYD
Jun 11, 2019 | 06:44 EDT
JPMorgan analyst Joseph Greff says Boyd Gaming offers a "compelling" risk/reward profile at current share levels. He lowered his price target for the stock to $34 from $40 and keeps an Overweight rating on the name. Boyd can be a direct and indirect beneficiary of continued gaming industry consolidation, Greff tells investors in a research note. Further, he points out that regional gaming stocks have historically outperformed in the early summer months.
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