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Stifel Nicolaus Remains a Hold on Bally’s Corporation (BALY)

Tipranks - Tipranks - Wed Mar 18, 8:38AM CDT

In a report released today, Jeffrey Stantial from Stifel Nicolaus maintained a Hold rating on Bally’s Corporation, with a price target of $18.00.

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According to TipRanks, Stantial is an analyst with an average return of -7.7% and a 31.76% success rate. Stantial covers the Consumer Cyclical sector, focusing on stocks such as DraftKings, Churchill Downs, and PENN Entertainment.

Currently, the analyst consensus on Bally’s Corporation is a Hold with an average price target of $18.00.

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Based on Bally’s Corporation’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $663.72 million and a GAAP net loss of $102.91 million. In comparison, last year the company earned a revenue of $629.97 million and had a GAAP net loss of $247.86 million

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