Barclays analyst Brandt Montour raised the firm’s price target on Bally’s to $18 from $10 and keeps an Equal Weight rating on the shares. The company’s Q2 miss and outlook to the low-end of prior guidance is overshadowed by the recent takeover offer, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BALY:
- Gaming and Leisure Properties price target raised to $48 from $47 at Deutsche Bank
- Bally’s upgraded to Equal Weight from Underweight at Wells Fargo
- Bet On It: Apollo to buy IGT unit and Everi in $6.3B package deal
- Bally’s downgraded to Hold from Buy at TD Cowen
- Bally’s downgraded to Hold from Buy at Truist