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DB

Deutsche Bank

$8.52

0.43 (5.32%)

, SGMS

Scientific Games

$19.21

1.66 (9.46%)

04:55
01/06/19
01/06
04:55
01/06/19
04:55

National Council of Legislators from Gaming States to hold a meeting

NCLGS Winter Meeting 2019 will be held in New Orleans, LA on January 4-6.

DB

Deutsche Bank

$8.52

0.43 (5.32%)

SGMS

Scientific Games

$19.21

1.66 (9.46%)

LVS

Las Vegas Sands

$55.21

3.04 (5.83%)

MGM

MGM Resorts

$25.77

1.07 (4.33%)

CZR

Caesars

$7.04

0.33 (4.92%)

  • 06

    Jan

  • 07

    Jan

  • 28

    May

DB Deutsche Bank
$8.52

0.43 (5.32%)

08/13/18
BOFA
08/13/18
DOWNGRADE
Target $9
BOFA
Underperform
Deutsche Bank downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill analyst Andrew Stimpson downgraded Deutsche Bank to Underperform from Neutral saying he expects the earnings downgrade cycle to continue given CIB revenue headwinds.
08/10/18
08/10/18
DOWNGRADE

Underweight
Morgan Stanley cuts Deutsche Bank to Underweight on limited top-line visibility
As previously reported, Morgan Stanley analyst Magdalena Stoklosa downgraded Deutsche Bank to Underweight from Equal Weight, stating that while she gives management "full credit" for its cost cutting efforts, it is hard to have any visibility on the top line. She assumes 2018-20 revenue CAGR of just 1.5%, which is below the average for Eurozone banks and below managements target of 4%. While recognizing the risk of downgrading Deutsche Bank "at the bottom," Stoklosa sees current conditions as unlikely to be conducive to a near-term re-rating, she tells investors. She has an EUR9 target on the bank's shares.
08/10/18
MSCO
08/10/18
DOWNGRADE
MSCO
Underweight
Deutsche Bank downgraded to Underweight from Equal Weight at Morgan Stanley
06/01/18
RBCM
06/01/18
DOWNGRADE
RBCM
Underperform
Deutsche Bank downgraded to Underperform from Sector Perform at RBC Capital
SGMS Scientific Games
$19.21

1.66 (9.46%)

12/14/18
JEFF
12/14/18
NO CHANGE
Target $22
JEFF
Hold
Jefferies sees 'mixed reaction' to Scientific Games shares from settlement
Scientific Games' $151.5M settlement of litigation with Shuffle Tech removes an overhang that has weighed on the stock over the past four months, albeit at the cost of the company's near term financial position and free cash flow generation, Jefferies analyst David Katz tells investors in a research note. Overall, the settlement provides clarity from a range of outcomes, which included the potential for no cash payment, says the analyst. As such. Katz expects a "mixed reaction" in the stock and keeps a Hold rating on Scientific Games with a $22 price target.
11/16/18
JEFF
11/16/18
DOWNGRADE
Target $22
JEFF
Hold
Scientific Games downgraded to Hold from Buy at Jefferies
Jefferies analyst David Katz downgraded Scientific Games to Hold and cut his price target for the shares to $22 from $46. The changes at the company, some of which are of its own doing and some not, have "compiled to exacerbate the market-driven pressure on the shares," Katz tells investors in a research note. Scientific Games changed CEOs, lost a lawsuit which it expects to appeal, lost a significant systems contract and the high yield market has tightened on higher interest rates, which could mitigate the opportunity to refinance its 10% debt, says the analyst. He believes the pressure from these events is not likely to reverse in the near term. Overhangs, uncertainties and leverage "warrant a more conservative stance," says Katz.
11/09/18
CHLM
11/09/18
NO CHANGE
Target $60
CHLM
Buy
Scientific Games selloff 'overdone,' says Craig-Hallum
Craig-Hallum analyst MIke Malouf reiterated a Buy rating and $60 price target following the company's roughly in-line quarter results, telling investors in a research note that he believes the recent selloff in shares is "overdone," as it focuses too closely on Gaming operations and ignores the "vast" potential within the rest of the company.
11/12/18
DBAB
11/12/18
NO CHANGE
Target $26
DBAB
Hold
Scientific Games price target lowered to $26 from $45 at Deutsche Bank
Deutsche Bank analyst Carlo Santarelli lowered his price target for Scientific Games to $26 saying he does not believe there was much in the Q3 print "for investors to be overly excited about." Scientific Games "modestly outpaced" consensus forecasts, with the narrow beat stemming from an end-of-period sale of units from the participation base, Santarelli tells investors in a research note. He continues to see the company "experiencing core operational headwinds" and believes the current valuation is fair. The analyst reaffirms a Hold rating on Scientific Games.
LVS Las Vegas Sands
$55.21

3.04 (5.83%)

12/05/18
UBSW
12/05/18
NO CHANGE
UBSW
UBS now sees Macau gross gaming revenue declining in 2019
UBS analyst Robin Farley lowered her 2019 Macau gross gaming revenue forecast to down 1% from up 5% previously. Her 2020 GGR estimate is now up 4% from a prior estimate of up 8%. Despite better than expected revenue in November, likely due to hold fluctuations, the lower estimates are driven by weaker VIP and premium demand amid heightened risk to the macroeconomic outlook in China, Farley tells investors in a research note partially titled "More Visitors Spending Less." She raised her price target for Neutral-rated Wynn Resorts (WYNN) to $113 from $108 while lowering her targets for Neutral-rated MGM Resorts (MGM) to $30 from $32 and Neutral-rated Melco Resorts & Entertainment (MLCO) to $19.50 from $21.60. The analyst also keeps a Neutral rating on Las Vegas Sands (LVS).
12/03/18
MSCO
12/03/18
NO CHANGE
MSCO
Overweight
Xi-Trump truce should ease some Macau concerns, says Morgan Stanley
Morgan Stanley analyst Thomas Allen believes that the constructive outcome from the G-20 meeting of Presidents Trump and Xi should be a positive for both Las Vegas Sands (LVS) and Wynn Resorts (WYNN), as he believes a thawing of trade tensions should ease some concerns around Macau concession renewals. Macau stocks have also been weighed down by slowing demand and concerns around the China consumption backdrop, but there have been positive updates on that front too, said Allen, who noted that Las Vegas Sands continues to be his preferred play on Macau. He keeps Overweight ratings on Las Vegas Sands and MGM Resorts (MGM), but does not view MGM as the same type of China proxy given its less than 20% Macau mix. Allen keeps an Equal Weight rating on Wynn shares.
11/15/18
BERN
11/15/18
INITIATION
Target $65
BERN
Outperform
Las Vegas Sands initiated with an Outperform at Bernstein
Bernstein analyst Vitaly Umansky started Las Vegas Sands with an Outperform rating and $65 price target. The analyst notes that over the last five years, gaming stocks have gone through periods of significant underperformance, followed by significant outperformance. The last six months have been exceptionally difficult for gaming stocks as Macau growth has begun to decelerate following nearly two years of strong growth and Las Vegas has seen unexpected near-term softness, he contends. However, Umansky argues that the gaming space has shown that if investors pick the right market, the right company, at the right time, outsized returns are possible.
11/08/18
ROTH
11/08/18
NO CHANGE
Target $140
ROTH
Buy
Wynn Resorts price target lowered to $140 from $210 at Roth Capital
Roth Capital analyst David Bain lowered his price target for Wynn Resorts (WYNN) to $140 from $210 as he believes Q4 Macau EBITDA guidance of between $304M-$340M versus $400M consensus exposes VIP/high-end play volatility in Macau and downside risks in the current China economy. While Wynn is the most exposed to VIP weakness in Macau, the analyst believes commentary stops the small momentum other Macau names were beginning to build since Las Vegas Sands (LVS) and MGM Resorts (MGM) reported earnings. He reiterates a Buy rating on Wynn's shares.
MGM MGM Resorts
$25.77

1.07 (4.33%)

01/03/19
DBAB
01/03/19
NO CHANGE
Target $33
DBAB
Hold
MGM plan to reduce costs positive for shares, says Deutsche Bank
Deutsche Bank analyst Carlo Santarelli says MGM Resorts this morning announced an "enhanced" margin strategy with a plan to reduce costs and improve efficiencies. He views the "MGM 2020" plan as positive for the shares. The analyst has a Hold rating on MGM with a $33 price target.
11/15/18
BERN
11/15/18
INITIATION
Target $28
BERN
Market Perform
MGM Resorts initiated with a Market Perform at Bernstein
Bernstein analyst Vitaly Umansky started MGM Resorts with a Market Perform rating and $28 price target. The analyst notes that over the last five years, gaming stocks have gone through periods of significant underperformance, followed by significant outperformance. The last six months have been exceptionally difficult for gaming stocks as Macau growth has begun to decelerate following nearly two years of strong growth and Las Vegas has seen unexpected near-term softness, he contends. However, Umansky argues that the gaming space has shown that if investors pick the right market, the right company, at the right time, outsized returns are possible.
CZR Caesars
$7.04

0.33 (4.92%)

11/02/18
JEFF
11/02/18
NO CHANGE
Target $11
JEFF
Hold
Jefferies lowers Caesars target to $11 after 'softness' in Q3
Jefferies analyst David Katz views the "softness" in Caesars Entertainment's Q3 results as less consequential than the announcements of a leadership change and the decision to revisit the guidance process going forward, which he believes are "undoubtedly constructive in the longer term." Nonetheless, the analyst lowered his price target for Caesars to $11 from $12 and keeps a Hold rating on the name. The positive merits of the "increasingly clearer operating story" are tempered by the capital structure and allocation, Katz tells investors in a post-earnings research note titled "Change Can Be a Good Thing."
11/15/18
BERN
11/15/18
INITIATION
Target $9.1
BERN
Market Perform
Caesars initiated with a Market Perform at Bernstein
Bernstein analyst Vitaly Umansky started Caesars with a Market Perform rating and $9.10 price target. The analyst notes that over the last five years, gaming stocks have gone through periods of significant underperformance, followed by significant outperformance. The last six months have been exceptionally difficult for gaming stocks as Macau growth has begun to decelerate following nearly two years of strong growth and Las Vegas has seen unexpected near-term softness, he contends. However, Umansky argues that the gaming space has shown that if investors pick the right market, the right company, at the right time, outsized returns are possible.
11/02/18
MSCO
11/02/18
NO CHANGE
Target $12
MSCO
Overweight
Caesars signaled rebound in Vegas, says Morgan Stanley
Morgan Stanley analyst Thomas Allen noted that Caesars' Q3 results were in-line with his and investor expectations, adding that Vegas trends have already turned around in Q4. Caesars management noted strong room night growth in January and expressed confidence in the 2019 event calendar, said Allen, who raised his 2019 EBITDAR forecast to reflect a slightly better Vegas environment. Allen maintains an Overweight rating and $12 price target on Caesars shares.
01/02/19
UBSW
01/02/19
UPGRADE
Target $7
UBSW
Neutral
Caesars upgraded to Neutral from Sell at UBS
UBS analyst Robin Farley upgraded Caesars Entertainment to Neutral while lowering her price target for the shares to $7 from $9. The analyst says her "bearish thesis" is now priced in with the stock down 33% over the past three months. Farley believes her below-consensus view on the Las Vegas market is more factored into the stock at these levels.

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ALBO

Albireo Pharma

$24.54

0.08 (0.33%)

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GPOR

Gulfport Energy

$8.67

-0.23 (-2.58%)

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UNFI

United Natural Foods

$13.09

-2.32 (-15.06%)

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ESTE

Earthstone Energy

$5.28

-1.49 (-22.01%)

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SIG

Signet Jewelers

$25.49

-7.885 (-23.63%)

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SKX

Skechers

$27.64

2.27 (8.95%)

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CSV

Carriage Services

$18.60

1.61 (9.48%)

12:00
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Hot Stocks
Carriage Services rises 9.6% »

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  • 17

    Jan

SNH

Senior Housing

$12.82

-0.07 (-0.54%)

12:00
01/17/19
01/17
12:00
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12:00
Options
Put buyers in Senior Housing Properties »

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SHLD

Sears

$0.00

(0.00%)

12:00
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01/17
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12:00
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Sears confirms ESL selected as winning bidder in bankruptcy auction »

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OZM

Och-Ziff Capital

$12.51

1.27 (11.30%)

12:00
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Hot Stocks
Och-Ziff Capital rises 11.1% »

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TGT

Target

$68.66

0.78 (1.15%)

, PLCE

Children's Place

$87.83

2.66 (3.12%)

11:57
01/17/19
01/17
11:57
01/17/19
11:57
Periodicals
Target revamps its baby line Cloud Island to include essential items, CNBC says »

With the demise of …

TGT

Target

$68.66

0.78 (1.15%)

PLCE

Children's Place

$87.83

2.66 (3.12%)

CRI

Carter's

$78.68

0.48 (0.61%)

GPS

Gap

$25.28

0.38 (1.53%)

03/08/13
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03/06/13
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  • 03

    Mar

EBS

Emergent BioSolutions

$65.86

0.79 (1.21%)

, AMPH

Amphastar

$21.90

0.1 (0.46%)

11:57
01/17/19
01/17
11:57
01/17/19
11:57
Recommendations
Emergent BioSolutions, Amphastar analyst commentary  »

Wells says naloxone news…

EBS

Emergent BioSolutions

$65.86

0.79 (1.21%)

AMPH

Amphastar

$21.90

0.1 (0.46%)

03/08/13
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EBS

Emergent BioSolutions

$65.86

0.79 (1.21%)

, AMPH

Amphastar

$21.91

0.11 (0.50%)

11:55
01/17/19
01/17
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11:55
Hot Stocks
FDA commissioner describes efforts to support development of OTC naloxone »

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EBS

Emergent BioSolutions

$65.86

0.79 (1.21%)

AMPH

Amphastar

$21.91

0.11 (0.50%)

03/08/13
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03/06/13
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11:55
01/17/19
01/17
11:55
01/17/19
11:55
General news
Treasury Option Action: a rash of put positioning »

Treasury Option Action: a…

NFLX

Netflix

$352.83

1.68 (0.48%)

11:54
01/17/19
01/17
11:54
01/17/19
11:54
On The Fly
Fly Intel: What to watch in Netflix earnings report »

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  • 17

    Jan

11:45
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General news
Treasury's 4- and 8-week bill auctions were solid and priced very well »

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WFC

Wells Fargo

$48.74

-0.19 (-0.39%)

11:40
01/17/19
01/17
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Options
Size call butterfly spread in Wells Fargo after earnings »

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  • 11

    Feb

  • 12

    Apr

  • 28

    May

  • 13

    Jul

  • 12

    Oct

11:35
01/17/19
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General news
8-Week Bill Auction Total Amount data reported »

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11:35
01/17/19
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11:35
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11:35
General news
4-Week Bill Auction Total Amount data reported »

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MRVL

Marvell

$16.43

-0.2 (-1.20%)

11:35
01/17/19
01/17
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01/17/19
11:35
Options
Marvell put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 22

    Jan

11:35
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01/17
11:35
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11:35
General news
Treasury announced an $81 B 3- and 6-month bill sale for Tuesday »

Treasury announced an $81…

MOFG

MidWestOne

$25.94

-0.03 (-0.12%)

11:33
01/17/19
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11:33
Hot Stocks
MidWestOne raises quarterly dividend 3.8% to 20.25c per share »

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JPM

JPMorgan

$102.10

-0.38 (-0.37%)

, PYPL

PayPal

$90.34

-0.18 (-0.20%)

11:29
01/17/19
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11:29
Earnings
Fly Intel: What to watch in credit card space earnings reports »

American Express (AXP),…

JPM

JPMorgan

$102.10

-0.38 (-0.37%)

PYPL

PayPal

$90.34

-0.18 (-0.20%)

MA

MasterCard

$198.34

0.56 (0.28%)

V

Visa

$137.01

-0.31 (-0.23%)

AXP

American Express

$99.38

-0.02 (-0.02%)

03/08/13
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  • 17

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    Jan

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    Jan

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    Jan

  • 30

    Jan

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    Jan

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    Feb

  • 26

    Feb

  • 03

    Mar

  • 28

    May

FB

Facebook

$148.78

1.3 (0.88%)

11:26
01/17/19
01/17
11:26
01/17/19
11:26
Periodicals
Facebook manager quits after being 'harassed' over views, CNBC reports »

Sophie Alpert, a Facebook…

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  • 24

    Jan

  • 30

    Jan

  • 25

    Feb

  • 03

    Mar

USO

United States Oil Fund

$10.77

-0.275 (-2.49%)

11:20
01/17/19
01/17
11:20
01/17/19
11:20
Options
Size straddle crossed firm-to-firm tied to stock in US Oil ETF »

Size straddle crossed…

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