Analyst action: Gaylord, Advocat

Avondale Partners analyst Fred Lowrance says the Gaylord Opryland Resort & Convention Center is primed to deliver some big numbers this year and next for parent Gaylord Entertainment. After a visit last week with investor relations chief Patrick Chaffin, Lowrance wrote that it appears the company’s first-quarter softness endured through the end of June — Lowrance has lowered his Q2 cash-flow estimate 5 percent — but that demand for later this year and next suggests the corporate travel market is strengthening nicely.

“Existing estimates potentially understated the power of the inflection we are likely to see inresults,” Lowrance wrote in sticking to his ‘market outperform’ rating and $51 target.Shares of Gaylord (Ticker: GET) have recovered a bit from a spring slide and are now down about 12 percent year to date.

Over at Sidoti & Co. in New York, nursing home operator Advocat has been initiated with a ‘neutral’ rating. The Brentwood-based company, which has been improving its number primarily via a multi-year renovation program, has seen its stock (Ticker: AVCA) rise about 30 percent so far this year.