Boyd Gaming Downgraded to Hold by CBRE Due to Lack of Near-Term Catalysts

CBRE Equity Research downgraded Boyd Gaming (BYD:NYSE) from a Buy to a Hold rating, citing a lack of near-term catalysts. The downgrade follows a recent rally to a new all-time high, prompting analysts to suggest investors take profits.

By Clark Schultz, SA News Editor · Seeking Alpha ·

Boyd Gaming Downgraded to Hold by CBRE Due to Lack of Near-Term Catalysts

Tickers: $BYD

Topics: analyst downgrade Boyd Gaming BYD stock rating

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