Golden Entertainment initiated with an Overweight at Wells Fargo

Wells Fargo initiated coverage of Golden Entertainment (GDEN) with an Overweight rating and $38 price target Calling it “a simple story,” the firm points out Golden Entertainment has a strong balance sheet and proactive management team exploring optionality, with fundamentals expecting to stabilize in 2025, while the stock’s valuation seems reasonable at current levels.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on GDEN: