Benjamin Chaiken

Shares of Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) and other cruise line companies have been on a downturn. Although Norwegian Cruise Line is a “quality company,” its stock has materially outperformed year to data and there is risk to estimates and valuation versus peers,...

Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) on Tuesday reported third-quarter revenues ahead of street expectations. Morgan Stanley On Norwegian Cruise Line Analyst Jamie Rollo maintained an Equal Weight rating, with a price target of $13. “3Q EBITDA was in-line with MSe, but missed...

Wynn Resorts, Limited (NASDAQ: WYNN) is among the gaming stocks with the most compelling risk-reward, according to Credit Suisse. The Wynn Resorts Analyst: Benjamin Chaiken upgraded the rating for Wynn Resorts from Neutral to Outperform, while revising the price target to $117. The Wynn Resorts...

Las Vegas Sands Corp. (NYSE: LVS) reported a 10.3% decline in revenues to $1.05 billion for the second quarter. The company’s loss widened to $290 million, or 38 cents per share, from $192 million, or 25 cents per share, in the same quarter last year, and came in much higher than the...

MGM Resorts International (NYSE: MGM) shares traded lower by 3.5% on Tuesday after the company reported first-quarter earnings and revenue beats but a quarterly drop in Las Vegas Strip occupancy. On Monday, MGM reported adjusted first-quarter EPS of 1 cent, exceeding analyst estimates of an 8-cent...

The market does not seem to be giving enough credit to MGM Resorts International’s (NYSE: MGM) transformation and the company’s recent announcements, according to Credit Suisse. The MGM Resorts Analyst: Benjamin Chaiken upgraded MGM Resorts International from Neutral to Outperform and...

Draftkings Inc (NASDAQ: DKNG) shares were retreating Monday after the company reported a better-than-expected loss in the first quarter and raised its full-year guidance. For the first quarter, DraftKings reported a 36-cent EPS loss on Friday, beating the 41-cent loss analysts...

Ahead of the rollout of Barstool Sportsbook in Michigan, this casino gaming stock just got a new bullish initiation. The Penn National Analyst: Credit Suisse analyst Benjamin Chaiken initiates Penn National Gaming (NASDAQ: PENN) with an Outperform rating and $128 price target. The Penn...

Analysts defending the DraftKings Inc (NASDAQ: DKNG) share offering and the company's high marketing costs. DraftKings has lower customer acquisition costs than in the prior year, and additional state legalization in the online sports betting market in its favor, the analysts said. The...

A new DraftKings analyst is bullish on the potential for a larger legal sports betting market in the U.S. The DraftKings Analyst: Benjamin Chaiken initiated coverage of DraftKings Inc (NASDAQ: DKNG) with an Outperform rating and $76 price target. The DraftKings Takeaways: The growth story...

Following the downturn in SeaWorld Entertainment Inc’s (NYSE: SEAS) stock since the COVID-19 outbreak, the headwinds seem fully priced in and the expectations are relatively low, according to Credit Suisse. The SeaWorld Analyst: Benjamin Chaiken upgraded SeaWorld's stock from...

Credit Suisse’s Benjamin Chaiken believes that with concerns regarding the guidance and consensus expectations being lowered for SeaWorld Entertainment Inc (NYSE: SEAS) now in the rear-view mirror, the risk-reward on the stock has changed. Chaiken upgraded the rating on the company from...

Credit Suisse’s Benjamin Chaiken believes SeaWorld Entertainment Inc (NYSE: SEAS) shares could potentially see 18 percent downside, driven by intensifying competition, lack of pricing power, as well as lower-than-anticipated cost savings. Chaiken downgraded the rating on the company from...

In a report issued Thursday, Credit Suisse analysts Joel Simkins, Benjamin Chaiken and Christie Fredericks reiterate an Outperform rating and $27.00 price target on shares of SeaWorld Entertainment Inc (NYSE: SEAS), even though online sentiment experienced a considerable shift in July, becoming...

In a report issued Wednesday, Credit Suisse analysts Joel Simkins, Benjamin Chaiken and Christie Fredericks reiterated an Outperform rating and $27.00 price target on shares of SeaWorld Entertainment Inc (NYSE: SEAS). They believe that, while brand sentiment may be bottoming, brand repositioning...