Boyd Gaming Makes Acquisition Approach To Penn Entertainment
- Reuters Citing Sources
- Reuters Citing Sources
Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
9/10/2024 | $35.00 | Underperform → Neutral | Exane BNP Paribas | |
9/4/2024 | $56.00 → $58.00 | Buy | UBS | |
9/4/2024 | $47.00 → $48.00 | Positive | Susquehanna | |
9/4/2024 | $66.00 → $74.00 | Equal-Weight → Overweight | Morgan Stanley | |
7/1/2024 | $60.00 → $58.00 | Outperform | Oppenheimer | |
6/25/2024 | Outperform → Mkt Perform | Raymond James | ||
6/21/2024 | $30.00 | Hold → Buy | Craig Hallum | |
5/21/2024 | $20.00 | Outperform | Raymond James |
Exane BNP Paribas upgraded DraftKings from Underperform to Neutral and set a new price target of $35.00
Susquehanna reiterated coverage of DraftKings with a rating of Positive and set a new price target of $48.00 from $47.00 previously
UBS reiterated coverage of DraftKings with a rating of Buy and set a new price target of $58.00 from $56.00 previously
144 - DraftKings Inc. (0001883685) (Subject)
144 - DraftKings Inc. (0001883685) (Subject)
8-K - BOYD GAMING CORP (0000906553) (Filer)
LAS VEGAS, Aug. 20, 2024 /PRNewswire/ -- Boyd Gaming Corporation (NYSE:BYD) announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per share, payable October 15, 2024, to shareholders of record at the close of business on September 15, 2024. About Boyd GamingFounded in 1975, Boyd Gaming Corporation (NYSE:BYD) is a leading geographically diversified operator of 28 gaming entertainment properties in 10 states, manager of a tribal casino in northern California, and owner and operator of Boyd Interactive, a B2B and B2C online casino gaming business.
PENN Entertainment, Inc. ("PENN" or the "Company") (NASDAQ:PENN) today reported financial results for the three and six months ended June 30, 2024. Jay Snowden, Chief Executive Officer and President, said: "Our retail properties delivered solid results this quarter as our best-in-class team of operators continues to execute across our diverse portfolio of market leading assets. In our Interactive segment, top-of-funnel growth, improved risk and trading execution, and refined promotional strategies contributed to better-than-expected revenue and Adjusted EBITDA results. Healthy Retail Business Property level highlights1: Revenues of $1.4 billion; Adjusted EBITDAR of $496.6 millio
BOSTON, Aug. 02, 2024 (GLOBE NEWSWIRE) -- (revised) — DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced results for the second quarter of 2024 and that its Board of Directors authorized the repurchase of an aggregate of up to $1.0 billion of its Class A common stock. The Company also posted a second quarter 2024 business update and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. This press release corrects the impact of the gain on remeasurement of warrant liabilities under Accounting Standards Codification 260 on U.S. GAAP diluted earnings per share for the quarter ended June 30, 2024. Diluted earnings per
4 - PENN Entertainment, Inc. (0000921738) (Issuer)
4 - PENN Entertainment, Inc. (0000921738) (Issuer)
4 - PENN Entertainment, Inc. (0000921738) (Issuer)
LAS VEGAS, Aug. 20, 2024 /PRNewswire/ -- Boyd Gaming Corporation (NYSE:BYD) announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per share, payable October 15, 2024, to shareholders of record at the close of business on September 15, 2024. About Boyd GamingFounded in 1975, Boyd Gaming Corporation (NYSE:BYD) is a leading geographically diversified operator of 28 gaming entertainment properties in 10 states, manager of a tribal casino in northern California, and owner and operator of Boyd Interactive, a B2B and B2C online casino gaming business.
PENN Entertainment, Inc. ("PENN" or the "Company") (NASDAQ:PENN) today reported financial results for the three and six months ended June 30, 2024. Jay Snowden, Chief Executive Officer and President, said: "Our retail properties delivered solid results this quarter as our best-in-class team of operators continues to execute across our diverse portfolio of market leading assets. In our Interactive segment, top-of-funnel growth, improved risk and trading execution, and refined promotional strategies contributed to better-than-expected revenue and Adjusted EBITDA results. Healthy Retail Business Property level highlights1: Revenues of $1.4 billion; Adjusted EBITDAR of $496.6 millio
BOSTON, Aug. 02, 2024 (GLOBE NEWSWIRE) -- (revised) — DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced results for the second quarter of 2024 and that its Board of Directors authorized the repurchase of an aggregate of up to $1.0 billion of its Class A common stock. The Company also posted a second quarter 2024 business update and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. This press release corrects the impact of the gain on remeasurement of warrant liabilities under Accounting Standards Codification 260 on U.S. GAAP diluted earnings per share for the quarter ended June 30, 2024. Diluted earnings per
4 - PENN Entertainment, Inc. (0000921738) (Issuer)
4 - PENN Entertainment, Inc. (0000921738) (Issuer)
4 - DraftKings Inc. (0001883685) (Issuer)
PENN Entertainment is expanding its partnership with Ticketmaster to enhance PENN Play™, its industry-leading customer loyalty offering. Members can now connect their PENN Play Member Rewards and Ticketmaster accounts to use PENN Cash for tickets to concerts, sporting events and shows, providing a new convenient payment option. PENN Entertainment Inc. ("PENN") (NASDAQ:PENN) today announced that it has expanded its partnership with Ticketmaster to offer exciting new benefits for its more than 30 million loyalty members. Starting today, PENN Play members can redeem rewards for tickets to live events through Ticketmaster. Additionally, PENN will have on-site activations at five amphithe
Boyd Gaming Corporation (NYSE:BYD) today announced the appointment of Michael A. Hartmeier to its Board of Directors. Hartmeier is the former group head of lodging, gaming and leisure investment banking for Barclays, and previously served as group head for hospitality and gaming for both Lehman Brothers and Credit Suisse First Boston. During his 25-year career in investment banking, Hartmeier completed more than $125 billion in financing and advisory assignments, including work for numerous gaming companies. Hartmeier is currently a member of the Board of Directors for DiamondRock Hospitality Company, a self-advised real estate investment trust with a portfolio of premium hotels and res
NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
Sentiment continues to be jittery, with the major index futures priming for a lower opening on Thursday as traders look ahead to the first read of second-quarter GDP data and more earnings. The tech space could once again drag the broader market after a few disappointing earnings reports from the likes of Franco-Italian chipmaker STMicroelectronics N.V. (NYSE:STM), which predominantly supplies to the automotive end market, and semiconductor test-equipment company Teradyne, Inc. (NASDAQ:TER). Traders may also stay glued to second-quarter GDP data to confirm the slowdown suggested by some recent data does not point to a hard landing. That said, bond yields are dipping as the market, factori
PGA Tour golfer Scottie Scheffler is soon to compete in his first Olympic games and hopes to get a win to complement his strong 2024 season. What Happened: Scheffler has been dominant in the 2024 PGA Tour season, winning six tournaments, including the Players Championship and the Masters. In 16 events, Scheffler made 16 cuts and 14 top-10 finishes. Along with his six wins, Scheffler also has two runner-up finishes. Scheffler is one of four golfers representing the U.S. at the 2024 Summer Olympics. Along with Scheffler, Xander Schauffele, Wyndham Clark and Collin Morikawa will compete as members of Team USA. The four golfers currently rank first, second, fifth and sixth in the PGA
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SC 13D/A - PENN Entertainment, Inc. (0000921738) (Subject)
SC 13G/A - PENN Entertainment, Inc. (0000921738) (Subject)
SC 13D/A - BOYD GAMING CORP (0000906553) (Subject)