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Century Casinos price target lowered to $4 from $5 at Stifel

Stifel lowered the firm’s price target on Century Casinos (CNTY) to $4 from $5 and keeps a Buy rating on the shares. Century reported a slight miss to consensus estimates that were re-based about 20% heading into the print, notes the analyst, who lowered the firm’s FY25 and FY26 adjusted EBITDAR estimates by 12% and 8%, respectively, on Reno and Rocky Gap softness.

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