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Golden Entertainment (GDEN) Receives a Hold from Truist Financial

Tipranks - Tipranks - Wed Jan 14, 5:52AM CST

In a report released today, Barry Jonas from Truist Financial maintained a Hold rating on Golden Entertainment, with a price target of $27.20.

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Jonas covers the Consumer Cyclical sector, focusing on stocks such as MGM Resorts, Caesars Entertainment, and Red Rock Resorts. According to TipRanks, Jonas has an average return of 5.6% and a 45.34% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Golden Entertainment with a $29.30 average price target.

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Based on Golden Entertainment’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $154.82 million and a GAAP net loss of $4.66 million. In comparison, last year the company earned a revenue of $161.23 million and had a net profit of $5.17 million

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