Stifel Maintains Hold on Monarch Casino & Resort, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jeffrey Stantial maintains a Hold rating on Monarch Casino & Resort (NASDAQ:MCRI) and raises the price target from $72 to $77.
October 24, 2024 | 4:08 pm
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POSITIVE IMPACT
Stifel analyst Jeffrey Stantial maintains a Hold rating on Monarch Casino & Resort and raises the price target from $72 to $77, indicating a positive outlook.
The increase in price target from $72 to $77 suggests a positive outlook for Monarch Casino & Resort, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100