Shaun C. Kelley

MGM Resorts International (NYSE: MGM) will report Q1 results on Monday, May 4. Ahead of its earnings release, the Estimize consensus was for EPS of $0.14 on revenue of $2.471 billion. The Wall Street consensus also expected EPS of $0.14 with revenue of $2.438 billion. On April 27,...

Macau casino management teams remain cautious, but uncowed even as February gaming revenue for the gambling mecca came in 48 percent below a year earlier, an analyst said. "Macau is not empty. General traffic patterns around the properties felt okay." said Bank of America analyst...

Bank of America downgraded Wynn Resorts, Limited (NASDAQ: WYNN) to Neutral and reduced its price target from $210 to $195 in a report issued Tuesday. Analysts led by Shaun C. Kelley believed that "Macau’s challenges are likely to last longer than we previously anticipated"...

Strong Las Vegas results coupled with weakness in Macau and regional gambling adds up to a mixed bag for gaming stocks, an analyst said Monday. Macau's gaming revenue in June posted its first drop since 2009, falling nearly four percent in the face of a slowdown in China's economy and...

In a report published Monday, Bank of America analyst Shaun C. Kelley reiterated a Buy rating on Vail Resorts (NYSE: MTN), and raised the price target from $80.00 to $92.00. In the report, Bank of America noted, “MTN remains one of our favorite ideas and is entering its typical summer/fall period...

In a report published Monday, Bank of America analyst Shaun C. Kelley reiterated an Underperform rating on Penn National Gaming (NASDAQ: PENN), and raised the price target from $10.00 to $12.00. In the report, Bank of America noted, “Last Thursday evening, the Massachusetts Gaming Commission...

In a report published Monday, Bank of America analyst Shaun C. Kelley initiated coverage on Gaming & Leisure Properties (NASDAQ: GLPI) with a Neutral rating and $50.00 price target. In the report, Bank of America noted, “Following the spin-off of PENN's real estate, we are initiating coverage...

In a report published Thursday, Bank of America analyst Shaun C. Kelley reiterated an Underperform rating and $11.00 price target on Caesars Entertainment Corp. (NASDAQ: CZR). In the report, Bank of America noted, “Caesars is moving toward the distribution of subscription rights for ‘CAC' through...

In a report published Tuesday, Bank of America analyst Shaun C. Kelley initiated coverage on ClubCorp Holdings (NYSE: MYCC) with a Buy rating and $18.00 price target. In the report, Bank of America noted, “ClubCorp (ticker MYCC) is the largest owner/operator of private golf and country clubs in...

In a report published Monday, Bank of America analyst Shaun C. Kelley reiterated a Buy rating on Vail Resorts (NYSE: MTN), and raised the price target from $72.00 to $76.00. In the report, Bank of America noted, “Following solid season pass sales and FY14 guidance, we are raising our FY14E and...

In a report published Monday, Bank of America analyst Shaun C. Kelley reiterated a Buy rating and $30.00 price target on Pinnacle Entertainment (NYSE: PNK). In the report, Bank of America noted, “Late Friday, PNK announced it has reached an agreement to sell its Lumiere Place casino property...

In a report published on Wednesday, Bank of America Merrill Lynch analyst Shaun C. Kelley Upgraded Starwood Hotels & Results (NYSE: HOT) from Neutral to Buy and raised the price target from $70 to $84. In the report, Bank of America Merrill Lynch stated, "We upgrade HOT to Buy given: 1) a...