Wells Fargo initiated coverage of Golden Entertainment (GDEN) with an Overweight rating and $38 price target Calling it “a simple story,” the firm points out Golden Entertainment has a strong balance sheet and proactive management team exploring optionality, with fundamentals expecting to stabilize in 2025, while the stock’s valuation seems reasonable at current levels.
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Read More on GDEN:
- Golden Entertainment price target raised to $36 from $35 at JMP Securities
- Bet On It: Missouri voters say yes to legalized sports betting
- Golden Entertainment price target lowered to $38 from $39 at Macquarie
- Golden Entertainment Reports Q3 2024 Financial Results
- Golden Entertainment reports Q3 EPS 18c, consensus 7c
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
