As previously reported, Benchmark analyst Mike Hickey initiated coverage of Boyd Gaming with a Buy rating and $100 price target. While current results remain impacted by Las Vegas destination weakness, Suncoast renovation disruption, and the post-FanDuel online reset, the firm thinks Boyd remains well positioned to generate attractive shareholder returns as earnings normalize and multiple growth projects mature, adding that it believes Boyd offers investors \"a compelling combination\" of durable regional gaming cash flows, significant capital return potential, and one of the largest Las Vegas locals portfolios in the public market
