Truist raised the firm’s price target on Monarch Casino (MCRI) to $82 from $75 and keeps a Hold rating on the shares as part of a broader research note previewing Q3 results in the Gaming sector. The fear of a large, deep gaming downturn seems to have passed for now, even though investor sentiment still seems to reflect consumer malaise, the analyst tells investors in a research note.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MCRI: