Boyd Gaming (BYD -1.6%) trails off after Goldman Sachs tags the gaming company with a Sell...

|About: Boyd Gaming Corporation (BYD)|By:, SA News Editor

Boyd Gaming (BYD -1.6%) trails off after Goldman Sachs tags the gaming company with a Sell rating and sets a $5.50 price target on shares. The firm thinks the recent runup in share price due to enthusiasm over online gambling in New Jersey may be overdone and warns on the "weak" U.S. gaming market. Also a concern, as a regional player Boyd Gaming is more susceptible to increased cannibalization with new casinos opening up.