This morning, Merrill Lynch analyst David Anders initiated or reinstated coverage of gaming industry stocks including: Argosy Gaming (AGY) at accumulate with a 19 price target, Aztar (AZR) INITIATED at accumulate, Gtech (GTK) at accumulate, Harrah's (HET) at accumulate and a 26 price target, International Game Technology (IGT) - Get Report at accumulate, Mandalay (MBG) at accumulate with a 23 price target, MGM Grand (MGG) at buy with a 32 price target and Station Casinos (STN) - Get Report at accumulate and a 28 price target.
: STARTED with a market outperform rating at
: coverage STARTED as an outperform at
: coverage STARTED with an outperform at
Morgan Stanley Dean Witter
: price target UP to 49 from 45 at Donaldson Lufkin & Jenrette.
: rating UP to "recommended for purchase" list from outperform at Goldman Sachs.
: rating DOWN to hold from buy at
: rating UP to buy from market perform at
Donaldson Lufkin & Jenrette
: STARTED as a buy at
: UP to strong buy at
; STARTED as a buy with a 100 price target at Lehman Brothers.
: rating UP to buy from hold and price target set at 40 at ABN Amro.
: STARTED with a strong buy rating and a 90 price target at ING Barings.