Stifel Reiterates Buy on Century Casinos, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jeffrey Stantial has reiterated a Buy rating on Century Casinos (NASDAQ:CNTY) but lowered the price target from $5 to $4.
March 15, 2024 | 1:32 pm
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Stifel analyst Jeffrey Stantial reaffirmed a Buy rating on Century Casinos but reduced the price target from $5 to $4.
While the reiteration of a Buy rating suggests a positive outlook on the company's fundamentals, the reduction in the price target may reflect adjustments in valuation metrics or market conditions. This mixed signal could lead to short-term uncertainty among investors, potentially stabilizing the stock price.
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