UPDATE: Goldman Sachs Downgrades Boyd Gaming Corporation to Sell on Weak Sector, High Expectations
Posted on February 12, 2013 at 07:40 AM EST
Goldman Sachs downgraded Boyd Gaming Corporation (NYSE: BYD ) from Neutral to Sell and announced a $5.50 price target. Goldman Sachs noted, "We downgrade Boyd Gaming (BYD) from Neutral to Sell with 26% downside to our $5.50 12-month price target (vs. 2% downside for our Gaming coverage). Boyd shares trade