JMP Securities Downgrades Century Casinos to Market Perform
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jordan Bender has downgraded Century Casinos (NASDAQ:CNTY) from Market Outperform to Market Perform, indicating a shift in the firm's outlook on the company's stock performance.
January 18, 2024 | 10:24 am
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NEGATIVE IMPACT
Century Casinos has been downgraded by JMP Securities from Market Outperform to Market Perform, which may lead to a negative perception among investors and could impact the stock's short-term performance.
Downgrades by analysts can lead to a decrease in investor confidence and a potential drop in stock price as the market adjusts to the new rating. Since this is a direct downgrade by a known firm, it is likely to have a significant impact on investor sentiment and the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100