Thomas Allen

Morgan Stanley analyst Thomas Allen reported that Las Vegas Sands (NYSE: LVS) is the best positioned company to benefit from the Macau mass market growth. U.S. casino & gaming stocks appear to be moving lower, as Morgan Stanley's analyst Praveen Choudhary recently downgraded Sands China,...

In a report published Wednesday, Morgan Stanley analyst Thomas Allen reiterated an Overweight rating on Boyd Gaming Corporation (NYSE: BYD), and raised the price target from $16.00 to $17.00. In the report, Morgan Stanley noted, “We view BYD as the best positioned in our US coverage to benefit...

In a report published Wednesday, Morgan Stanley analyst Thomas Allen reiterated an Equal-Weight rating on MGM Resorts International (NYSE: MGM), and raised the price target from $17.00 to $20.00. In the report, Morgan Stanley noted, “The ‘Las Vegas recovery' thesis is clearly building momentum;...

In a report published Wednesday, Morgan Stanley analyst Thomas Allen reiterated an Equal-Weight rating on Wynn Resorts Limited (NASDAQ: WYNN), and raised the price target from $140.00 to $167.00. In the report, Morgan Stanley noted, “We expect WYNN EBITDA to grow in the mid-single digits over the...

In a report published Wednesday, Morgan Stanley analyst Thomas Allen reiterated an Overweight rating on Las Vegas Sands Corp. (NYSE: LVS), and raised the price target from $65.00 to $76.00. In the report, Morgan Stanley noted, “We believe LVS' strong FCF / capital return story will drive the stock...

In a report published Thursday, Morgan Stanley analyst Thomas Allen initiated coverage on LaSalle Hotel Properties (NYSE: LHO) with an Underweight rating and $28.00 price target. In the report, Morgan Stanley noted, “We Rate SHO Equal-weight with a $14 price target, based on 12.5x ‘14e EBITDA and...

In a report published Thursday, Morgan Stanley analyst Thomas Allen initiated coverage on Sunstone Hotel Investors (NYSE: SHO) with an Equal-Weight rating and $14.00 price target. In the report, Morgan Stanley noted, “We rate AHT Equal-weight with a $14 PT, representing 15.8% upside from current...

In a report published Thursday, Morgan Stanley analyst Thomas Allen initiated coverage on Ashford Hospitality Trust (NYSE: AHT) with an Equal-Weight rating and $14.00 price target. In the report, Morgan Stanley noted, “We rate LHO Underweight with a $28 price target, roughly inline with its...

In a report published Thursday, Morgan Stanley analyst Thomas Allen initiated coverage on DiamondRock Hospitality Company (NYSE: DRH) with an Overweight rating and $13.00 price target. In the report, Morgan Stanley noted, “We rate DRH Overweight with a $13 price target,representing 22% upside from...

In a report published Tuesday, Morgan Stanley analyst Thomas Allen upgraded the rating on H&R Block (NYSE: HRB) from Equal-Weight to Overweight, and raised the price target from $25.00 to $33.00. In the report, Morgan Stanley noted, “While HRB has traded off over the past few months on...

In a report published on Wednesday, Morgan Stanley analyst Thomas Allen upgraded Starwood Hotels & Resorts (NYSE: HOT) from Equal-weight to Overweight and set a price target of $79. In the report, Morgan Stanley noted that there are, "3 reasons HOT can outperform. 1) Its asset ownership /...