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Deutsche Bank lifts estimates on regional casino stocks

Dec. 08, 2016 1:33 PM ETBoyd Gaming Corporation (BYD) StockBYD, PENN, PNK, RRRBy: Clark Schultz, SA News Editor
  • Boyd Gaming (BYD +5%) rallies after Deutsche Bank names the stock its top regional gaming pick.
  • Analyst Carlo Santarelli thinks macro factors are setting up favorably for the broad regional casino sector to set it up for margin expansion.
  • Price target hikes:  Penn National Gaming (PENN +3.3%) to $18 from $17, Pinnacle Entertainment (PNK +0.9%) to $16 from $13 and Red Rock Resorts (RRR +0.8%) to $28 from $26.

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