Goldman Sachs Lifts Price Targets On Casino Stocks, Still Says Group Overvalued (WYNN, LVS, MGM, BYD)

May 15, 2009 9:23 AM EDT

Goldman Sachs lifted their price targets on a number of casino stocks today. The firm still thinks the group is overvalued.

  • Wynn Resorts (Nasdaq: WYNN) from $26 to $39 (Neutral - Current price $39.44
  • Las Vegas Sands (NYSE: LVS) from $4.50 to $8.25 (Neutral) - Current price $9.43
  • MGM Mirage (NYSE: MGM) from $1 to $6.50 (Neutral) - Current price $7.76
  • Boyd Gaming (NYSE: BYD) from $5 to $8 (Neutral) - Current price $9.63

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Stocks Mentioned

BYD 8.26

+0.09 +1.10%
Volume: 1,608,342
Track BYD

LVS 16.79

+0.00 +0.00%
Volume: 22,354,471
Track LVS

MGM 10.29

-0.15 -1.44%
Volume: 17,866,911
Track MGM

WYNN 63.58

+0.04 +0.06%
Volume: 3,420,201
Track WYNN


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