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Why Golden Nugget Online Gaming Won Big Today


Golden Nugget Online Casino (NASDAQ: GNOG) might finally be on a winning streak. A generally declining stock for most of this year, on Thursday the shares closed up by almost 11%. A new analysis of the company was quite positive on its prospects.

On Tuesday, financial services company B. Riley initiated coverage on Golden Nugget stock with an unequivocal buy rating at a price target of $27 per share -- more than double the current level of $12.25.

Image source: Getty Images.

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Source Fool.com

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