Thomas Weisel Advance Boyd Gaming to Outshine - 2004-04-02
Thomas Weisel upgraded Boyd Gaming (BYD ) to outshine from peer perform.
Fuller notes he downgraded in July, 2003 with soft start-up margins at Atlantic City casino Borgata.
Margins beat calculations in the fourth quarter of 2003, and should ramp towards 25% this quarter. Fuller also mentions several casino ventures in the works, including Delta Downs, Blue Chip, Orleans, and Southcoast.
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