Boyd Gaming shares are trading higher after the company reported better-than-expected Q3 financial results and Wells Fargo raised its price target on the stock from $75 to $79.
Portfolio Pulse from Benzinga Newsdesk
Boyd Gaming shares rose following strong Q3 results and a price target increase by Wells Fargo.
October 25, 2024 | 2:47 pm
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Boyd Gaming's stock price increased due to better-than-expected Q3 financial results and a price target raise by Wells Fargo from $75 to $79.
The positive Q3 financial results indicate strong company performance, which is a direct catalyst for the stock price increase. Additionally, Wells Fargo's price target raise signals confidence from a major financial institution, further boosting investor sentiment.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100