B. Riley Securities Maintains Buy on Golden Entertainment, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Buy rating on Golden Entertainment (NASDAQ:GDEN) but has lowered the price target from $44 to $40.
September 23, 2024 | 1:04 pm
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B. Riley Securities has maintained a Buy rating on Golden Entertainment but reduced the price target from $44 to $40, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Golden Entertainment's prospects, but the lowered price target indicates a tempered outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100