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pechanga casino sports bettingCount KeyBanc Capital Markets analyst Brett Andress is among those on the sell side forecasting upside for Bally’s stock, even against the backdrop of the recent slump.But upgrades to the outdoor pools and cabanas are also being made.Declines of 20 percent or more from recent highs signal bear markets.doubledown casino jetons gratuitsIn a note to clients today, Andress reiterates an “overweight” rating on Bally’s, with a price target.COVID-19 resulted in fewer guests and overnight stays in Atlantic City last year.Still Bullish on Bally’s StockAndress argues market participants may have focused too much on other goings-on last week, and that Bally’s may not be receiving adequate credit for its first-quarter forecast.big 2 online casino

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live casino slotsThe KeyBanc analyst lifts his 2021 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) estimate on Bally’s to 6 million, and his 2022 forecast to 3 million, citing the operator’s recent spate of dealmaking.Looking ahead, we see a favorable risk/reward at current levels (land-based and Gamesys imply little credit to online sports betting/iGaming potential at current levels); however, with the majority of the puzzle pieces now in place, we believe investor focus is rightfully shifting to execution,” writes Andress.(Image: Las Vegas Review-Journal)While year-to-date returns for operators such as Boyd Gaming (NYSE:BYD), Caesars Entertainment (NASDAQ:CZR), Churchill Downs (NASDAQ:CHDN), Penn NationCount KeyBanc Capital Markets analyst Brett Andress is among those on the sell side forecasting upside for Bally’s stock, even against the backdrop of the recent slump.Last week, Bally’s forecast first-quarter revenue that topped Wall Street estimates.(Image: Bloomberg)Some analysts believe this the pullback late-arriving investors have been waiting for in the previously high-flying name.valley forge casino member login