Truist analyst Barry Jonas raised the firm’s price target on Boyd Gaming (BYD) to $77 from $75 and keeps a Buy rating on the shares as part of a broader research note previewing Q3 results in the Gaming sector. The fear of a large, deep gaming downturn seems to have passed for now, even though investor sentiment still seems to reflect consumer malaise, and despite a noisy macro environment, fundamentals in the Gaming industry “remain stable”, the analyst tells investors in a research note.
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