Analyst Ratings for Boyd Gaming (BYD)

Overall Rating: NEUTRAL Rating Trend: Down

Avg. $ Target: $7.21 (-44.1%)

Date	Firm	Type	Rating (Past)	PT (Past)	Start $	End $	% Chg.	Details
4/11/2013	Morgan Stanley	Upgrade	Overweight (Equalweight)	N/A (N/A)	8.20	12.90	57.32%	Details
2/12/2013	Goldman Sachs » Updated 4/25/2013	Downgrade	Sell (Neutral)	6.00 (5.50)	7.48	12.90	72.46%	Details
9/7/2012	CLSA	Downgrade	Underperform (Outperform)	6.40 (10.70)	6.04	12.90	113.58%	Details
8/28/2012	Brean Capital	New Coverage	Hold (N/A)	N/A (N/A)	6.12	12.90	110.78%	Details
7/23/2012	Sterne Agee	Upgrade	Neutral (Underperform)	6.70 (N/A)	6.66	12.90	93.69%	Details
7/17/2012	RBC Capital	New Coverage	Sector Perform (N/A)	N/A (N/A)	6.94	12.90	85.88%	Details
2/9/2012	Barclays	Downgrade	Equalweight (N/A)	8.00 (N/A)	9.27	12.90	39.16%	Details
2/9/2012	Nomura Securities » Updated 5/13/2013	New Coverage	Neutral (N/A)	9.00 (7.00)	9.27	12.90	39.16%	Details
1/6/2012	JPMorgan	Downgrade	Underweight (N/A)	5.00 (N/A)	7.25	12.90	77.93%	Details
12/13/2011	Wells Fargo	New Coverage	Market Perform (N/A)	7.00 (N/A)	6.05	12.90	113.22%	Details
12/12/2011	Lazard Capital	Downgrade	Neutral (N/A)	N/A (N/A)	6.36	12.90	102.83%	Details
9/21/2011	Deutsche Bank » Updated 4/25/2013	New Coverage	Hold (N/A)	10.00 (7.00)	5.61	12.90	129.95%	Details
8/3/2011	BofA/Merrill Lynch	Downgrade	Underperform (N/A)	N/A (N/A)	7.94	12.90	62.47%	Details
6/16/2011	CRT Capital	Upgrade	Buy (N/A)	N/A (N/A)	7.83	12.90	64.75%	Details
5/9/2011	Janney Montgomery Scott » Updated 3/5/2013	Upgrade	Neutral (N/A)	8.00 (6.50)	9.64	12.90	33.82%	Details

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