Boyd shares could be worth $18-$25 in REIT deal, says FBR Capital FBR Capital estimates Boyd Gaming (BYD) shares could be worth between $18-$25 should the company spin off its real estate assets into a REIT structure. FBR believes the timeline for such a deal should be much shorter than it was for Penn National (PENN). Shares of Boyd after trading higher today after activist Elliott Associates disclosed a stake. FBR has an Outperform rating on the stock with a $13 price target.
News For BYD;PENN From The Last 14 Days
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