Imperial Capital Lowers Tropicana Entertainment Price Target to $23.00 (TPCA)
Equities research analysts at Imperial Capital cut their target price on shares of Tropicana Entertainment (NASDAQ:TPCA) from $24.00 to $23.00 in a research note issued to investors on Monday. The firm currently has an “outperform” rating on the stock. Imperial Capital’s price objective would suggest a potential upside of 27.64% from the company’s current price.
Shares of Tropicana Entertainment (NASDAQ:TPCA) opened at 18.02 on Monday. Tropicana Entertainment has a 1-year low of $14.75 and a 1-year high of $19.98. The stock has a 50-day moving average of $18.21 and a 200-day moving average of $18.04. The company has a market cap of $474.1 million and a price-to-earnings ratio of 16.46.
Tropicana Entertainment Inc (NASDAQ:TPCA) is an owner and operator of regional casino and entertainment properties located in the United States and one casino resort development located on the island of Aruba.
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