Tag: Analyst
Analysts relieved by MGM cyberattack disclosure
“Cyber impact likely more modest than feared” read the headline on a J.P. Morgan investor note Friday morning. It came in reaction to a... more
New York sports betting lucrative in September
Online sports wagering in New York State generated $166 million in revenue on a total handle of $1.7 billion. According to J.P. Morgan... more
Analyst upgrades Red Rock stock from hold to buy
CBRE analyst John DeCree has moved Red Rock Resorts from the hold category to buy, saying he’s seeing no sign of softness in Las Vegas.... more
Analyst keen on Vegas, gloomier elsewhere
Jefferies analyst David Katz dissented from some consensus views in the gaming-coverage universe in an 86-page report published today. He... more
Analyst impressed by Churchill Downs’s Virginia presence
Truist Securities analyst Barry Jonas went on a company-guided bus tour of Churchill Downs’s current and future Virginia assets. He came... more
Analyst wild about DraftKings
In a major shift of position, J.P. Morgan analyst Joseph Greff went all in on DraftKings, raising his price target from $26 per share to... more
Analyst perceives regional gaming “deterioration”
Citing “static conditions” in the third quarter, Deutsche Bank analyst Carlo Santarelli wrote that while “trends have remained broadly... more
Caesars, MGM talk online and international strategies
In meetings last week in Las Vegas with Truist Securities analyst Barry Jonas, executives of Caesars Entertainment and MGM Resorts... more
Top analyst still banking on Formula One
Truist Securities analyst Barry Jonas was in Las Vegas last week and, since his team stayed at Mandalay Bay, got a front-row seat for MGM... more
Meeting sparks IGT optimism
International Game Technology’s “business and outlook remain healthy,” pronounced Truist Securities analyst Barry Jonas after virtual... more
