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 8.41

+0.24 +2.94%
Volume: 2,556,605
Track BYD

LVS 16.97

+0.18 +1.07%
Volume: 32,110,841
Track LVS

MGM 10.40

-0.04 -0.38%
Volume: 24,098,368
Track MGM

WYNN 64.09

+0.55 +0.87%
Volume: 4,899,357
Track WYNN


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