2020-12-04 09:08:11 FLL Full House Resorts
Barclays
12/04/20 12/0409:08 12/04/2009:08 | Full House Resorts appoints Michael Hartmeier to board of directorsFull House Resorts (FLL) announced that it has appointed Michael Hartmeier to the Company's board of directors. Hartmeier is the former Group Head of Lodging, Gaming and Leisure Investment Banking at Barclays (BCS), a multinational investment bank and financial services company. Full House Resorts
Barclays
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BTIG analyst Peter Saleh… BTIG analyst Peter Saleh downgraded Beyond Meat to Neutral from Buy without a price target. The analyst believes growth through the retail channel will not be enough to sustain the company's growth rate and "hefty trading multiple" in 2021. While Saleh continues to believe in the long-term trend toward plant-based meats in the grocery and foodservice channels, he expects restaurant operators will remain focused on throughput over menu innovation, limiting adoption and sales growth through the foodservice channel this year. Further, recent international lockdowns, primarily across Europe, will continue to weigh on new partnerships and sales growth for Beyond Meat until a vaccine is widely available and dining rooms reopen, says the analyst. Shah cites a weaker sales growth outlook, heightened price competition and "elevated valuation" for the downgrade of the shares. ShowHide Related Items >><<
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