The 2026 tale of woe for Full House Resorts (NASDAQ: FLL) continued Monday as the already battered casino stock dipped modestly after Texas Capital downgraded the shares.
In a new report to clients, analyst David Bain lowered his rating on the regional casino operator to “hold” from “buy” while paring his price target to $1 from $3.50. The revised forecast implies upside of 20.4% from current levels. The analyst cites “volatile high-yield market conditions and ongoing debt restructuring negotiations” as reasons for the downgrade.
“Despite structurally…