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Fly News Breaks for October 23, 2019
GDEN
Oct 23, 2019 | 07:40 EDT
JPMorgan analyst Daniel Politzer initiated coverage of Golden Entertainment with an Overweight rating and $18 price target. The analyst sees an "attractive" valuation and "favorable" 2020 setup for the shares. The Strat's performance will likely improve as renovation disruption subsides by year-end 2019 and the company progresses to a 15% return on investment there, Politzer tells investors in a research note. Further, the Las Vegas Strip has a "strong lineup" of large events/trade show rotations in 2020, adds the analyst.
News For GDEN From the Last 2 Days
