Banc of America Keeps Ameristar Casinos at Neutral

Analyst J. Cogan still likes Ameristar's operating momentum, but thinks good news is already discounted in the stock

Ameristar Casinos (ASCA ) reported second-quarter earnings per share of 29 cents, vs. 27 cents. Banc of America says it is reviewing its model and maintains a neutral recommendation on the stock.

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