Boyd Gaming: Virginia Project Prolongs Solid Momentum (Rating Upgrade)
Portfolio Pulse from
Boyd Gaming Corporation's Q3 earnings report highlights solid growth momentum, with stable land-based operations and rapid online earnings growth. The new Virginia casino project is expected to enhance growth prospects with a 15-20% ROI, leading to a 28% upside in BYD stock to a $94.79 fair value.
December 01, 2024 | 4:15 am
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Boyd Gaming's Q3 earnings report indicates strong growth momentum, with stable land-based operations and rapid online earnings growth. The new Virginia casino project is expected to enhance growth prospects with a 15-20% ROI, leading to a 28% upside in BYD stock to a $94.79 fair value.
The article highlights Boyd Gaming's strong Q3 performance and the promising Virginia project, which is expected to yield a 15-20% ROI. This positive outlook suggests a 28% upside in the stock price, making it highly relevant and important for investors.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100