Century Casinos, Inc. (NASDAQ:CNTY) shares continued an upward trajectory Tuesday, after climbing around 65% over the past month. The completion of the land-based facility in Caruthersville, Missouri, marked the end of “an M&A and refurbishment cycle” across the company’s U.S. portfolio, according to JMP Securities. Analyst Jordan Bender upgraded the rating for Century Casinos from Market Perform to Market Outperform, while establishing a price target of $5. The Century Casinos Thesis: With the end of its capex cycle, the company’s focus on execution would likely generate EBITDAR (earnings bef…
