Morgan Stanley Maintains Equal-Weight on Boyd Gaming, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling has maintained an Equal-Weight rating on Boyd Gaming (NYSE:BYD) and lowered the price target from $75 to $72.
October 13, 2023 | 1:57 pm
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Morgan Stanley has maintained an Equal-Weight rating on Boyd Gaming and lowered the price target from $75 to $72.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of Boyd Gaming in the short term as it indicates a lower expected value of the company's stock. The maintained Equal-Weight rating suggests that the analyst believes the stock is fairly valued at present, which may not stimulate buying interest.
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IMPORTANCE 80
RELEVANCE 100