Casinos & Gaming
MGM Resorts International (MGM)
BUY. 12-month probability-weighted target $47 (+62% vs spot). Gross Margin explains 58% of Monte Carlo outcome variance.
Wynn Resorts Limited (WYNN)
BUY. 12-month probability-weighted target $100 (+33% vs spot). Gross Margin explains 52% of Monte Carlo outcome variance.
Las Vegas Sands Corp (LVS)
BUY. 12-month probability-weighted target $44 (+21% vs spot). P/E Multiple explains 52% of Monte Carlo outcome variance.
Churchill Downs Incorporated (CHDN)
HOLD. 12-month probability-weighted target $82 (+3% vs spot). P/E Multiple explains 76% of Monte Carlo outcome variance.
Boyd Gaming Corporation (BYD)
HOLD. 12-month probability-weighted target $84 (+22% vs spot). P/E Multiple explains 47% of Monte Carlo outcome variance.