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Why Credit Suisse Is Still Waiting To Upgrade Wynn Resorts
Friday, January 15, 2016 - 1:41pm | 346Shares of Wynn Resorts, Limited (NASDAQ: WYNN) are spiking more than 7.7 percent on an extremely weak day in the market after the company reported preliminary Q4 results that impressed the market. Credit Suisse analyst Joel Simkins sees Wynn’s numbers as a positive sign the Macau market...
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Credit Suisse's Top 10 Consumer Discretionary Stocks: J M Smucker Out, Kellogg In
Tuesday, December 8, 2015 - 9:46am | 772The consumer discretionary sector has been one of the market’s brightest sectors in 2015, and the Consumer Discretionary SPDR (ETF) (NYSE: XLY) has gained 11.5 percent versus the S&P 500’s 0.7 percent gain year-to-date. For the first time in two months, Credit Suisse analysts have...
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Macau Gaming Investors Should Keep Seatbelts Fastened, Credit Suisse Warns
Monday, November 23, 2015 - 11:06am | 457Credit Suisse believes that the Macau gaming environment will remain challenging in 2016. The firm does not believe that project delays are a negative for Macau operators. Credit Suisse sees a wave of junket consolidation providing near-term VIP gaming headwinds. In a new report, Credit Suisse...
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Why SeaWorld Could Remain A Show-Me Story (And What That Means For You)
Tuesday, November 10, 2015 - 9:17am | 386SeaWorld Entertainment Inc (NYSE: SEAS) shares have plunged 15 percent in six months, after hitting a high of $21.82 on May 27. Credit Suisse’s Joel Simkins maintained an Outperform rating on the company, with a price target of $27. Contrary to investor expectations, it appears to...
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Credit Suisse Cuts La Quinta, Says 'Checking Out' Until Clarity Given On Three Topics
Thursday, October 29, 2015 - 7:52am | 296Shares of La Quinta Holdings Inc (NYSE: LQ) have declined 31.73 percent in the last six months, touching a low of $15.41 on September 29. Joel Simkins of Credit Suisse has downgraded the rating on the company from Outperform to Neutral, while lowering the price target from $20 to $18....
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Wynn Targets Slashed At This Research Firm On 'Challenging' Macau
Friday, October 16, 2015 - 11:47am | 312The share price of Wynn Resorts, Limited (NASDAQ: WYNN) has declined 52.26 percent year-to-date, hitting a low of $51.71 on October 1. Credit Suisse’s Joel Simkins has maintained a Neutral rating on the company, while lowering the price target from $105 to $76. Simkins expects the...
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Credit Suisse Reiterates Outperform, $20 Target on Boyd Gaming Heading Into Q3 Results
Monday, October 12, 2015 - 11:52am | 287Boyd Gaming Corporation (NYSE: BYD) shares have surged 39.62 percent year-to-date, reaching a high of $17.99 on August 17. Credit Suisse’s Joel Simkins reiterated an Outperform rating on the company, while maintaining a price target of $20. Recent channel checks and monthly gaming...
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Credit Suisse's Top 10 Consumer Discretionary Stocks: J M Smucker In, Mondelez Out
Wednesday, October 7, 2015 - 7:05am | 626The Consumer Discretionary sector has been one of the market’s brightest sectors in 2015, and the Consumer Discretionary Select Sector SPDR ETF (NYSE: XLY) has gained 5.7 percent versus the S&P 500’s 3.8 percent decline year-to-date. For the first time in two months, Credit Suisse...
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SeaWorld Brand Sentiment Has Fallen, But The Stock Could Still Be A Buy
Thursday, August 27, 2015 - 1:42pm | 262In a report issued Thursday, Credit Suisse analysts Joel Simkins, Benjamin Chaiken and Christie Fredericks reiterate an Outperform rating and $27.00 price target on shares of SeaWorld Entertainment Inc (NYSE: SEAS), even though online sentiment experienced a considerable shift in July, becoming...
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Riding High? Six Flags Remains Credit Suisse's Top Theme Park Pick
Friday, July 10, 2015 - 7:43am | 203In a report published Friday, Credit Suisse analyst Joel Simkins maintained an Outpeform rating and price target of $58 on Six Flags Entertainment Corp (NYSE: SIX). The stock is the analyst's Top Theme Park Pick. "SIX remains one of most frequently called-upon names across our entire gaming,...
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SeaWorld Set For A Turnaround?
Wednesday, June 17, 2015 - 12:09pm | 281In a report issued Wednesday, Credit Suisse analysts Joel Simkins, Benjamin Chaiken and Christie Fredericks reiterated an Outperform rating and $27.00 price target on shares of SeaWorld Entertainment Inc (NYSE: SEAS). They believe that, while brand sentiment may be bottoming, brand repositioning...
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Credit Suisse Reiterates Outperform, Raises PT On Carnival On Strong 1Q15 Results
Monday, March 30, 2015 - 6:59am | 106In a report published Monday, Credit Suisse analyst Joel Simkins reiterated an Outperform rating on Carnival Corporation (NYSE: CCL), and raised the price target from $52.00 to $55.00. In the report, Credit Suisse noted, "We maintain our positive view on CCL as we continue to see the company and...
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Credit Suisse Reiterates Outperform, Raises PT On Norwegian Cruise Line Following Miami Investor Meetings
Wednesday, March 18, 2015 - 8:33am | 121In a report published Wednesday, Credit Suisse analyst Joel Simkins reiterated an Outperform rating on Norwegian Cruise Line Holdings Ltd. (NASDAQ: NCLH), and raised the price target from $51.00 to $60.00. In the report, Credit Suisse noted, "We recently met with CFO, Wendy Beck and other finance...
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Credit Suisse Reiterates Outperform, Raises PT On Marriott International Following Bethesda Meetings
Friday, March 13, 2015 - 8:39am | 120In a report published Friday, Credit Suisse analyst Joel Simkins reiterated an Outperform rating on Marriott International Inc. (NASDAQ: MAR), and raised the price target from $91.00 to $93.00. In the report, Credit Suisse noted, "We maintain our positive view on Focus List rated MAR. Our $93 TP...
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Credit Suisse Reiterates Outperform, Raises PT On Hilton Worldwide Following Management Meetings
Friday, March 13, 2015 - 8:19am | 97In a report published Friday, Credit Suisse analyst Joel Simkins reiterated an Outperform rating on Hilton Worldwide Holdings Inc. (NYSE: HLT), and raised the price target from $32.00 to $33.00. In the report, Credit Suisse noted, "We recently met with management including CFO, Kevin Jacobs and the...