Truist analyst Barry Jonas lowered the firm’s price target on Golden Entertainment (GDEN) to $36 from $38 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, the analyst tells investors in a research note.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter