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Analyst initiates coverage

Wednesday, July 24, 2002 | 11:22 a.m.

Investment banking firm Thomas Weisel Partners has initiated coverage of Boyd Gaming Corp. and Pinnacle Entertainment Inc.

Thomas Weisel gaming analyst Jake Fuller has a "buy" rating on Las Vegas-based Boyd Gaming and a 12-month price target of $20 per share. Glendale, Calif.-based casino operator Pinnacle Entertainment has an "attractive" rating.

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