JMP Securities raised the agency’s value goal on Golden Leisure (GDEN) to $36 from $35 and retains an Outperform ranking on the shares. After touring and talking with a number of common managers of land-based gaming casinos in Louisiana and Mississippi, JMP believes developments are steady, with no change in November gaming income in comparison with year-to-date developments in Louisiana and Mississippi, the analyst tells traders in a analysis observe. Whereas obstacles to passing an iGaming invoice are elevated, however the matter of dialogue doubtlessly being led by the governor provides it extra validity and a welcome choice to assist offset any improve within the sports activities betting tax fee, JMP argues.
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JMP Securities raised the agency’s value goal on Golden Leisure (GDEN) to $36 from $35 and retains an Outperform ranking on the shares. After touring and talking with a number of common managers of land-based gaming casinos in Louisiana and Mississippi, JMP believes developments are steady, with no change in November gaming income in comparison with year-to-date developments in Louisiana and Mississippi, the analyst tells traders in a analysis observe. Whereas obstacles to passing an iGaming invoice are elevated, however the matter of dialogue doubtlessly being led by the governor provides it extra validity and a welcome choice to assist offset any improve within the sports activities betting tax fee, JMP argues.
Revealed first on TheFly – the final word supply for real-time, market-moving breaking monetary information. Strive Now>>
See at the moment’s best-performing shares on TipRanks >>
Learn Extra on GDEN: