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Is Barstool Sportsbook PENN's Ace In The Hole, Or A Risky Bet?
Wednesday, May 17, 2023 - 12:06pm | 637Needham & Co is hosting its Annual Needham Technology & Media (TMT) Conference this week and shared their thoughts with investors on PENN Entertainment Inc's (NASDAQ:PENN) Barstool Sportsbook, and where they expect the stock to go from current levels. The event featured a fireside chat with...
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Analysts Aren't Too Optimistic Following Harley-Davidson's Earnings Miss
Wednesday, January 30, 2019 - 10:09am | 597Harley-Davidson Inc (NYSE: HOG) dropped 5 percent Tuesday on fourth-quarter earnings misses. Earnings per share of 17 cents fell short of a 29-cent forecast, and sales of $955.633 billion underperformed $1.05 billion expectations. Here’s what analysts have to say about it. Looks Better Than...
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Barclays Has 4 Reasons To Upgrade Boyd Gaming
Tuesday, May 1, 2018 - 12:31pm | 322Boyd Gaming Corporation (NYSE: BYD) has gotten off to a slow start to 2018, but one Wall Street analyst says the pullback is an excellent buying opportunity. The Analyst Barclays analyst Felicia Hendrix upgraded Boyd from Equal Weight to Overweight and raised her price target from $33 to $40....
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Barclays Upgrades Carnival, Says Cruise Lines Are Firm's 'Most Preferred Subsector'
Friday, March 23, 2018 - 2:55pm | 298Strong fundamentals in the overall cruise sector and a competitive position in the Caribbean leave Carnival Corp (NYSE: CCL) positioned for high upside potential, according to Barclays. The Analyst Analyst Felicia Hendrix upgraded Carnival from Equal Weight to Overweight and reiterated a $77...
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What Wynn's Las Vegas Strip Land Purchase Means For Investors
Friday, December 15, 2017 - 10:38am | 359Wynn Resorts, Limited (NASDAQ: WYNN) purchased 38 acres of land on the Las Vegas Strip directly across from the Wynn Las Vegas Resort. At least one Wall Street analyst sees the move as good news for Wynn investors. The Analyst Barclays analyst Felicia Hendrix has a Neutral rating and $180 price...
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Hasbro's Sell-Off On Toys 'R' Us News Is Played Out
Tuesday, October 24, 2017 - 2:40pm | 445Hasbro, Inc. (NASDAQ: HAS) fell as much as 9.4 percent Monday after reporting marginal earnings beats and soft fourth-quarter guidance, presenting Barclays a buying opportunity. Considering the lower valuation an “attractive entry point,” the research firm upgraded Hasbro to Overweight...
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Previewing Casino Earnings: 'Q2 Was Good For Gaming Companies'
Monday, July 24, 2017 - 4:27pm | 758Previewing the results of casinos, Barclays said the second-quarter was overall a good one for gaming companies. The firm said strength in Macau, solid results in Las Vegas and continued stability in regional gaming provided a solid backdrop for companies in its coverage universe. Analyst...
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Hasbro's Strong Quarter Not Without Complications
Tuesday, October 18, 2016 - 1:30pm | 261Barclays described Hasbro, Inc. (NASDAQ: HAS)’s third quarter results as strong but complicated, while maintaining its Equal-Weight rating on the stock. Hasbro’s third quarter EPS was $2.03, beating Barclays’ EPS estimate of $1.71 and consensus of $1.74. Driven by Disney...
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Marriott's Share Repurchases May Not Commence Until 2017
Friday, September 23, 2016 - 2:32pm | 409Barclays, in a research note published Friday, said the $2 billion shares it envisages that Marriott International Inc (NASDAQ: MAR) would buy may not commence until 2017. The rationale, according to the firm, is the timing of the closing of the Starwood Hotels & Resorts Worldwide Inc. (...
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Harley-Davidson Challenges May Persist For A While; Barclays Downgrades
Monday, August 1, 2016 - 12:50pm | 447Barclays has downgraded shares of Harley-Davidson Inc (NYSE: HOG) to Underweight from Equal Weight as it believes "the risk/reward is skewed to the downside (roughly 3:1)." "We see no clear catalyst for when HOG's challenges might subside. The competition continues to heat up, particularly as the...
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Analysts To SeaWorld: Show Us Sustainable Growth
Friday, February 26, 2016 - 11:08am | 268On Friday, Barclays issued a retail industry note, highlighting SeaWorld Entertainment Inc (NYSE: SEAS) after the company reported mixed fourth-quarter earnings, with revenue in line with expectations, but EBITDA below consensus estimates. Currently, analysts at Barclays rate SeaWorld as...
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Barclays Offers 'Survey Of The Seas,' Lifts Targets On Cruise Lines
Friday, September 18, 2015 - 1:54pm | 552Felicia Hendrix of Barclays detailed the findings from a proprietary "Survey of the Seas" survey. Travel agents said that cruise pricing remains "strong" in North America, and pricing power will continue into 2016. Hendrix is incrementally more bullish on cruise names. Felicia Hendrix, Barclays...
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Barclays 'Still Looking For The Bottom' In Macau
Thursday, July 16, 2015 - 10:57am | 344In a new report out this week, Barclays analyst Felicia Hendrix urges caution when it comes to calling a bottom in Macau gaming stocks. Although there have been several recent news reports and analyst reports indicating that Macau may have made it through the worst of the downturn, Hendrix wants...
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Gaming & Leisure To Pinnacle: 'You Got More, Consider The Bid'
Thursday, July 9, 2015 - 10:25am | 891On July 8, Barclays analyst Felicia Hendrix published a note, "Pinnacle Entertainment: You Got More, Consider the Bid," referring to Gaming and Leisure Properties, Inc. (NASDAQ: GLPI)'s latest offer, sweetening the pot by 54 percent for Pinnacle Entertainment, Inc. (NYSE: PNK)'s...
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Why Regional Gaming Companies Are Dominating Their International Rivals
Saturday, June 27, 2015 - 6:57pm | 526In a new report out this week, Barclays analyst Felicia Hendrix discussed the Q2 performance of regional U.S. gaming companies Penn National Gaming Inc (NASDAQ: PENN), Pinnacle Entertainment Inc (NYSE: PNK) and Boyd Gaming Corp (NYSE: BYD). While Hendrix says that it’s too early for...