Wells Fargo analyst Daniel Politzer maintains $Boyd Gaming (BYD.US)$ with a buy rating, and adjusts the target price from $71 to $75.
According to TipRanks data, the analyst has a success rate of 60.1% and a total average return of 10.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Boyd Gaming (BYD.US)$'s main analysts recently are as follows:
Expectations within the gaming sector indicate high optimism for Macau, while anticipations for the Las Vegas Strip and local markets have moderated. Regional trends continue to be subdued, with weather conditions posing further challenges.
For Q3, there is a positive outlook on digital gaming based on the fundamentals and commentary. While Macau stands at a pivotal point, there is a cautious stance on land-based U.S. gaming.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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