Wells Fargo lowered its Boyd Gaming price target to $83 from $84 on April 16, 2026. The firm maintained an Equal Weight rating on the shares. Analysts cited a cautious long-term outlook for U.S. land-based gaming. Digital gaming platforms may capture market share from traditional casinos.
Citi raised its price target for Boyd Gaming to $90 from $86. The firm kept its Neutral rating for the stock. This update arrived during a broader preview of first-quarter gaming results.
Citi expects mixed industry performance for the upcoming quarter. Las Vegas Strip operators show positive momentum. Regional casinos face potentially weaker financial results.