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Full House Resorts initiated with an Outperform at JMP Securities
The Fly

Full House Resorts initiated with an Outperform at JMP Securities

JMP Securities analyst Jordan Bender initiated coverage of Full House Resorts with an Outperform rating and $13 price target. Behind the leadership of industry veterans, Full House will invest $700M in Illinois and Colorado, growing its EBITDA six-times in a five-year span, Bender tells investors in a research note. The multi-year expansion of the portfolio is projected to result in the highest-growing company in gaming, supporting strong underlying cash flow at completion, says the analyst.

Published first on TheFly

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