for regional gaming equities<\/a>. However, no two operators are exactly alike, and there are clear reasons, in Bain’s view, why Golden is a standout among regional names.<\/p>\n\u201cEven more unique to GDEN is its Nevada offerings acutely match a higher income\/wealth migration from California, particularly its millennial-anchored bar and tavern distributed gaming business,\u201d said the B. Riley analyst. \u201cFurther, the introduction of the Raiders, new Strip capacity, and strong housing values correlate to make GDEN’s portfolio more ‘special’ than other regional casino companies, in our view.\u201d<\/p>\n
Almost $15 currently isn’t factored into the Golden stock price, according to Bain. That breakdown comes by way of $10 for potential approval of its Pennsylvania route business and $4.60 for the $1.2 billion worth of unused Las Vegas real estate owned by the company.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Golden Entertainment (NASDAQ:GDEN) is soaring Friday, adding to an already blistering pace of recent gains. That’s after an analyst swiftly upped his price target on the Strat operator. In a note to clients today, B. Riley analyst David Bain reiterates a \u201cbuy\u201d rating, while upping his price forecast on Golden to $60 from $48. Analysts […]<\/p>\n","protected":false},"author":46,"featured_media":173000,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10],"tags":[],"acf":[],"yoast_head":"\n
Golden Stock Soars as Analyst Rapidly Revises Price Target<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n