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Paramount Shares Jump On Sony, Apollo Bid: All Eyes On Shari Redstone To Decide Media Company's Future
Friday, May 3, 2024 - 1:02pm | 572Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) shares jumped Thursday and are trading higher Friday as a $26 billion bid from Sony Group Corp (NYSE:SONY) and Apollo Global Management (NYSE:APO) is now being considered by a special committee. Meanwhile, Skydance Media is holding exclusive talks with...
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Cannabis Movers & Shakers: Health Advance, BioHarvest, Neuraxpharm, Vertosa, Day One Beverages, NCRPS, TRICHOME
Friday, June 3, 2022 - 12:00pm | 1153TRICHOME Announces Leadership Changes Attender Underwriting Managers, which is doing business as TRICHOME, announced that Jeffrey C. Conway will assume the combined role of CEO and president. Conway is joined by Thomas Cioletti, who was recently promoted to vice president of underwriting and...
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Growth In B2B, B2C To Power GAN Ahead: Analyst
Tuesday, August 10, 2021 - 3:30pm | 321A company that provides the technology for sports betting and iGaming companies saw new analyst coverage Tuesday. The GAN Analyst: Jefferies analyst David Katz is initiating coverage on GAN Limited (NASDAQ: GAN) with a Buy rating and $21 price target. Related Link: 3 Sports Betting Stocks That...
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Why Is Live Nation's Stock Trading Higher Today?
Monday, May 10, 2021 - 10:13am | 223Live Nation Entertainment Inc (NYSE: LYV) is moving higher on Monday morning after Jefferies upgraded the stock on the back of the company's better-than-expected earnings last week. What Happened: Jefferies analyst David Katz upgraded Live Nation from a Hold to a Buy...
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MGM Stock Valuation Is 'Changing For The Better'
Monday, March 15, 2021 - 12:08pm | 407Hotels and casino company MGM Resorts International (NYSE: MGM) boasts a complex valuation, but three notable catalysts mean it is now "changing for the better," according to Jefferies. The MGM Resorts Analyst: David Katz upgraded MGM Resorts' stock rating from Hold to Buy with a...
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Six Flags Entertainment's Restructuring Triggers Jefferies Upgrade
Friday, October 30, 2020 - 2:38pm | 228Six Flags Entertainment Corp (NYSE: SIX) provided details of its strategies to revamp its business model and announced an aspirational EBITDA, according to Jefferies. The Six Flags Entertainment Analyst: David Katz upgraded Six Flags Entertainment from Hold to Buy and raised the price...
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Jefferies Upgrades Scientific Games Following Changes In Leadership
Monday, September 21, 2020 - 1:05pm | 247Scientific Games Corp (NASDAQ: SGMS) has recently gone through a change in ownership and leadership, which offers prospects for value creation not seen in the last two decades, according to Jefferies. The Scientific Games Analyst: David Katz upgraded Scientific Games from Hold to Buy, while...
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Wynn Shares Are Folding After A Mixed Q3 Print
Thursday, November 8, 2018 - 3:44pm | 490Wynn Resorts, Limited (NASDAQ: WYNN) shares were getting pummeled one day after the casino operator's mixed third-quarter earnings report. The casino operator reported Q3 earnings of $1.68 per share, missing estimates by a penny. Sales came in at $1.71 billion, beating estimates by $...
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Analyst Still Optimistic On Casino Stocks, Upgrades Boyd Gaming
Tuesday, August 14, 2018 - 1:50pm | 470Casino stocks have taken a beating in recent weeks, and one Wall Street analyst says it’s time for investors to step in and buy the dip in a handful of top stocks. The Analyst Jefferies analyst David Katz updated his ratings and price targets for the following gaming stocks: Upgraded Boyd...
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Jefferies Increases Bet On PlayAGS
Friday, August 10, 2018 - 1:10pm | 366PlayAGS, Inc. (NYSE: AGS)'s expansion of casino and gaming products was reflected in the company's second-quarter report, according to Jefferies. The Analyst Jefferies analyst David Katz upgraded PlayAGS from Hold to Buy and increased the price target from $26 to...
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Telsey Analysts Mixed But Opportunistic On Lodging Stocks
Monday, January 4, 2016 - 9:37am | 634Most lodging sector stocks have been under pressure over the past one month. Telsey’s David Katz initiated coverage on lodging stocks with a mixed, opportunistic view. Katz believes that the lodging cycle is in its later stages, with occupancy rates approaching their maximum levels...
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Wynn, Macau Might Be Finding Support; Telsey Advisory Upgrades Stock
Monday, October 5, 2015 - 8:34am | 300After having declined more than 58 percent, year to date, shares of Wynn Resorts, Limited (NASDAQ: WYNN) rose 9 percent over the past 5 trading days. David Katz of Telsey Advisory Group has upgraded the rating on the company from Underperform to Market Perform, while raising the price target...
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Telsey Advisory: International Game Technology Is A Potentially Great Value Play
Friday, September 18, 2015 - 3:01pm | 402In a report issued Friday, Telsey Advisory Group analysts David Katz and Brian Davis upgraded their rating on International Game Technology Ordinary Shares (NYSE: IGT) from Market Perform to Outperform. In addition, they boosted their price target for the stock from $22.00 to $23.00. The shares...
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Matrix Asset Advisors: 'You Are Getting Paid Nicely While You Wait For A Turnaround At McDonald's'
Thursday, May 21, 2015 - 4:02pm | 327While McDonald's Corporation (NYSE: MCD) was having its annual shareholders’ meeting on Thursday, David Katz, Matrix Asset Advisors CIO, was on CNBC to discuss why the company is a great buy right now. Good Deal Of Upside “We actually bought it after it was down,” Katz...
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2 Traders' Perspective On Thursday's Gold Rally
Thursday, January 15, 2015 - 5:38pm | 239The price of gold rallied Thursday, settling approximately $30 higher at $1264.80. Swing trader Serge Berger commented on the price action and told Benzinga that the "more nuttiness we get from central banks (Swiss National Bank this morning) and if and when the dollar will take a pause,...