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Posted by
Two Blokes Fri at 3:30 PM -
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Stock
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Monarch Casino (MCRI) continues to outperform peers, delivering double-digit returns and consistent double-beats on earnings, driven by strong casino segment growth. The company boasts a pristine balance sheet, robust free cash flow, and is aggressively returning capital to shareholders through buybacks and dividends. I raise my price target to $105, reiterating a 'Buy' rating based on Monarch's operational excellence, market share gains, and multiple capital allocation options.