Jefferies upgrades Boyd Gaming shares, expecting YoY EPS growth driven by strategic investments By Investing.com
On Friday, Boyd Gaming Corporation (NYSE: (SZ:)) saw its stock rating upgraded by Jefferies from Hold to Buy, with the price target being raised significantly to $92 from the previous $73. The upgrade reflects a positive outlook for the company’s growth potential in the coming year. According to InvestingPro analysis, Boyd Gaming currently appears undervalued, with a GOOD overall financial health score. The company has demonstrated impressive performance with a 33.8% price return over the past six months.
David Katz of Jefferies highlighted several factors contributing to the optimistic perspective. He noted that Boyd Gaming’s capital investment in its regional portfolio, along with easing competitive pressures in Las Vegas, are…
