Truist Securities Maintains Buy on Boyd Gaming, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Barry Jonas has maintained a Buy rating on Boyd Gaming (NYSE:BYD) but has lowered the price target from $80 to $75.

April 26, 2024 | 3:43 pm
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Truist Securities maintains a Buy rating on Boyd Gaming but lowers the price target from $80 to $75.
The adjustment in price target by Truist Securities reflects a slight moderation in their outlook for Boyd Gaming's stock, possibly due to updated financial analysis or market conditions. However, maintaining a Buy rating indicates a continued positive view on the company's fundamentals and growth prospects. This mixed signal could lead to neutral short-term price movement as investors digest the implications of a lower price target against the backdrop of a sustained Buy recommendation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100