Thomas Allen

In a report published Thursday, Morgan Stanley analyst Thomas Allen downgraded Penn National Gaming (NASDAQ: PENN) from Equal-Weight to Underweight and announced a $10.00 price target. Allen expects regional gaming trend to remain weak due to consumer headwinds. He remarked that Penn National...

Morgan Stanley on Wednesday called a pair trade, upgrading Hilton Worldwide (NYSE: HLT) to Overweight and increased its price target to $27; Marriott International(NASDAQ: MAR) was downgraded, with a price target at $64 per share. In the report, analyst Thomas Allen states that the industry as a...

In a report published Wednesday, Morgan Stanley analyst Thomas Allen upgraded the rating on Hilton Worldwide Holdings (NYSE: HLT) from Equal-Weight to Overweight, and raised the price target from $25.00 to $27.00. In the report, Morgan Stanley noted, “Following comments made by mgmt last earnings...

In a report published Thursday, Morgan Stanley analyst Thomas Allen reiterated an Overweight rating and $13.00 price target on Boyd Gaming (NYSE: BYD). In the report, Morgan Stanley noted, “We continue to recommend BYD for the potential value from a) US Online Gaming, b) a LV Locals recovery, and...

In a report published Tuesday, Morgan Stanley analyst Thomas Allen reiterated an Overweight rating and $35.00 price target on H&R Block (NYSE: HRB). In the report, Morgan Stanley noted, “We continue to view HRB as well positioned to benefit from the Affordable Care Act as well as taking...

In a report published Monday, Morgan Stanley analyst Thomas Allen reiterated an Overweight rating and $13.00 price target on Boyd Gaming (NYSE: BYD). In the report, Morgan Stanley noted, “BYD reports 1Q14 results Wed AMC. Following PENN's results, we would be cautious on BYD stock into earnings....

In a report published Wednesday, Morgan Stanley analyst Thomas Allen reiterated an Overweight rating on Boyd Gaming (NYSE: BYD), but removed the $13.00 price target. In the report, Morgan Stanley noted, “Following further diligence around the potential value of an OpCo / PropCo split (e.g. doing...

In a report published Tuesday, Morgan Stanley analyst Thomas Allen reiterated an Overweight rating on Boyd Gaming (NYSE: BYD), and raised the price target from $12.00 to $13.00. In the report, Morgan Stanley noted, “We believe there are a number of ways that an activist could create value in BYD....

In a report published Thursday, Morgan Stanley analyst Thomas Allen reiterated an Overweight rating and $13.00 price target on Boyd Gaming (NYSE: BYD). In the report, Morgan Stanley noted, “BYD noted that mgmt had recently been in Japan and saw potential LONG-TERM opportunities in more tertiary...

In a report published Monday, Morgan Stanley analyst Thomas Allen reiterated an Equal-Weight rating and $37.00 price target on Gaming and Leisure Properties (NASDAQ: GLPI). In the report, Morgan Stanley noted, “We remain Equal-weight GLPI following 4Q results that were generally in-line with our...

In a report published Friday, Morgan Stanley analyst Thomas Allen lowered the price target on Penn National Gaming (NASDAQ: PENN) from $13 to $12 following last week's earnings report. Allen lowered 2Q14 estimates by 7% and flexed the bull/bear cases to highlight the high risk-reward of the stock....

In a report published Monday, Morgan Stanley analyst Thomas Allen commented on the gaining momentum in the Macau sector of Wynn Resorts, Limited (NASDAQ: WYNN). The analyst raised Macau property and 2014 estimated property EBITDA and increased the shares price target from $212.00 to $227.00. On...

In a report published Monday, Morgan Stanley analyst Thomas Allen maintained an Overweight rating on Las Vegas Sands (NYSE: LVS) and kept the price target at $89. Following strong 4Q13 results, Allen believed that Las Vegas Sands is in a good position for continued growth in 2014. In the report,...

In a report published Tuesday, Morgan Stanley analyst Thomas Allen initiated coverage on Hilton Worldwide (NYSE: HLT) with an Equal-weight rating, establishing a $25.00 price target. According to the report, the analysts are bullish on US Lodging and believe HLT is well positioned given its growth...

In a report published Friday, Morgan Stanley analyst Thomas Allen initiated coverage on Gaming and Leisure Properties (NASDAQ: GLPI) with an Equal-Weight rating and $46.00 price target. In the report, Morgan Stanley noted, “Our market analysis suggests that GLPI, as the only publicly traded REIT...