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Fly News Breaks for April 20, 2017
CZR
Apr 20, 2017 | 08:35 EDT
Macquarie analyst Chad Beynon upgraded Caesars to Outperform and raised his price target for the shares to $13 from $10. The company has been overlooked by investors for nearly 10 years and offers investors the most direct exposure to the Las Vegas Strip, Beynon tells investors in a research note. He sees opportunities for Caesars to improve sales and post strong free cash flow following room renovations and refinancing.
News For CZR From the Last 2 Days
CZR
Apr 19, 2024 | 05:12 EDT
Barclays analyst Brandt Montour lowered the firm's price target on Caesars to $63 from $65 and keeps an Overweight rating on the shares as part of the Q1 preview for the gaming space. The firm prefers the Las Vegas high end over the low end, saying regionals and online sports betting have been mixed with internet gaming strong across the board.