Joel Simkins

In a report published Thursday, Credit Suisse analyst Joel Simkins reiterated an Outperform rating on Penn National Gaming, Inc. (NASDAQ: PENN), and raised the price target from $17.00 to $19.00. In the report, Credit Suisse noted, "We recently toured PENN's new Plainridge casino with management,...

In a report published Thursday, Credit Suisse analyst Joel Simkins reiterated an Outperform rating on Hilton Worldwide Holdings (NYSE: HLT), and raised the price target from $30.00 to $32.00. In the report, Credit Suisse noted, "With estimated timeshare revenue of $1.2bn for 2014, HLT likely has...

In a report published Wednesday, Credit Suisse analyst Joel Simkins reiterated an Outperform rating and $52.00 price target on Carnival Corporation (NYSE: CCL). In the report, Credit Suisse noted, "With an investment grade balance sheet, improving trends and lower energy costs that may be in-store...

In a report published Wednesday, Credit Suisse analyst Joel Simkins reiterated a Neutral rating on Wynn Resorts, Limited (NASDAQ: WYNN), but lowered the price target from $178.00 to $150.00. In the report, Credit Suisse noted, "WYNN reported 4Q14 adjusted property EBITDA of $353m (Vegas: $111m,...

Credit Suisse offered its 2015 Outlook on Gaming, Lodging & Leisure Friday along with its Best Ideas for 2015. Analysts Joel Simkins and Benjamin Chaiken commented that they “see the most opportunity within lodging and leisure sectors, owing to the domestic consumer recovery, pricing...

Joel Simkins of Credit Suisse initiated coverage of Cedar Fair, L.P. (NYSE: FUN) on Tuesday with an Outperform rating and $53 price target. Simkins notes that Cedar Fair is a “total return story” as an MLP with a 6.4 percent yield. As such, shares should appeal to income investors considering the...

In a note out Thursday morning, Credit Suisse analyst Joel Simkins reduced the price target on Wynn Resorts, Limited (NASDAQ: WYNN) from $220 to $210, while maintaining the Neutral rating on the stock. Simkins thinks the special dividend of $1.00, in addition to upping the regular dividend to $...

In a report published Tuesday, Credit Suisse analyst Joel Simkins reiterated an Outperform rating on Marriott International Inc (NASDAQ: MAR), and raised the price target from $74.00 to $80.00. In the report, Credit Suisse noted, “Marriott's first analyst day since 2012 (China) was positive and...

In a report published Monday, Credit Suisse analyst Joel Simkins initiated coverage on SeaWorld Entertainment (NYSE: SEAS) with an Outperform rating and $23.00 price target. In the report, Credit Suisse noted, “Following its April 2013 IPO, the stock has significantly underperformed (-31% vs. +22%...

In a report published Wednesday, Credit Suisse analyst Joel Simkins reiterated an Outperform rating on MGM Resorts International (NYSE: MGM), and raised the price target from $30.00 to $33.00. In the report, Credit Suisse noted, “As the LV recovery continues we see the MGM portfolio (27% of LV room...

In a report published Tuesday, Credit Suisse analyst Joel Simkins initiated coverage on Intrawest Resorts (NYSE: SNOW) with an Outperform rating and $17.00 price target. In the report, Credit Suisse noted, “Intrawest (SNOW) is the second largest public ski operator, with interests in five resorts...

In a report published Tuesday, Credit Suisse analyst Joel Simkins initiated coverage on Hilton Worldwide (NYSE: HLT) at Outperform, establishing a $25.00 price target. According to the report, the coverage initiation was based on a blended multiple of 13.7 on our 2015 EBITDA estimate, discounted...

In a report published Friday, Credit Suisse analyst Joel Simkins upgraded the rating on Carnival (NYSE: CCL) from Neutral to Outperform, and raised the price target from $30.00 to $43.00. In the report, Credit Suisse noted, “CCL has been a frustrating story, keeping us on the sidelines since our...

In a report published Monday, Credit Suisse analyst Joel Simkins initiated coverage on Caesars Acquisition Company (NASDAQ: CACQ) with an Outperform rating and $13.00 price target. In the report, Credit Suisse noted, “We initiate coverage of CACQ with an Outperform rating and $13 target price....