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Ameristar Casinos, Inc. (ASCA) [hlAlert]

Rating:
Buy ASCA
down 18.68 %

Ameristar Casinos, Inc. (ASCA) rated Buy with price target $23.90 by Sterne Agee

Posted on: Wednesday,  Mar 31, 2010  8:25 AM ET by Sterne Agee

Sterne Agee rated Buy Ameristar Casinos, Inc. (NASDAQ: ASCA) on 03/31/2010. Previously Sterne Agee rated Buy Ameristar Casinos, Inc. (NASDAQ: ASCA) on
07/30/2007., when the stock price was $32.59. Since then, Ameristar Casinos, Inc. has lost 18.69% as of 08/13/2013's recent price of $26.50.
If you would have followed the previous Sterne Agee's recommendation on ASCA, you would have lost 18.68% of your investment in 2206 days.

Ameristar Casinos, Inc. is a leading Las Vegas-based gaming and entertainment company known for its premier properties characterized by innovative architecture, state-of-the-art casino floors and superior dining, lodging and entertainment offerings. Ameristar's focus on the total entertainment experience and the highest quality guest service has earned it a leading market share position in each of the markets in which it operates. Founded in 1954 in Jackpot, Nevada, Ameristar has been a public company since November 1993. The company has a portfolio of seven casinos in six markets: Ameristar St. Charles; Ameristar Kansas City; Ameristar Council Bluffs; Ameristar Vicksburg; Ameristar Black Hawk; and Cactus Petes and the Horseshu in Jackpot, Nevada.

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/31/2010 8:25 AM Buy
None
18.26 23.90
as of 12/31/2010
1 Week down  -3.21 %
1 Month down  -14.05 %
3 Months down  -12.03 %
1 YTD up  0.78 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/9/2008 9:25 AM Buy
None
17.97 22.00
2/21/2008 9:25 AM Buy
None
21.26 27.00
1/30/2008 9:25 AM Buy
None
21.87 32.00
7/30/2007 9:25 AM Buy
None
32.59 44.00

(*) Stock Price at the time of the recommendation.
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