Stifel Maintains Buy on Monarch Casino & Resort, Lowers Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jeffrey Stantial has maintained a 'Buy' rating on Monarch Casino & Resort (NASDAQ:MCRI) but lowered the price target from $91 to $83.

October 19, 2023 | 12:54 pm
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Stifel analyst has maintained a 'Buy' rating on Monarch Casino & Resort but lowered the price target from $91 to $83.
The news is directly about Monarch Casino & Resort (MCRI). The maintained 'Buy' rating indicates continued confidence in the company's performance, which could be positive for the stock. However, the lowered price target might indicate a potential downside, creating a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100