Bally’s Enters Into Merger Agreement With Affiliates of Standard General L.P.

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Truist Securities Downgrades Bally's Corp (BALY) to Hold

July 25, 2024 2:37 PM EDT

Truist Securities analyst Barry Jonas downgraded Bally's Corp (NYSE: BALY) from Buy to Hold with a price target of $18.25 (from $16.00).

The analyst comments "BALY has announced it accepted a revised offer from Standard General (SG, Private) and will be purchased for... More