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Fly News Breaks for May 31, 2017
CZR
May 31, 2017 | 16:10 EDT
Oppenheimer analyst Ian Zaffino started Caesars Entertainment with an Outperform rating and $15 price target, calling the stock "an interesting investment opportunity" as it gets set to emerge from bankruptcy. The company is now primed for both organic and inorganic top line growth, the analyst contends.
News For CZR From the Last 2 Days
CZR
Apr 25, 2024 | 09:32 EDT
CZR
Apr 23, 2024 | 07:28 EDT
Truist lowered the firm's price target on Caesars to $58 from $62 but keeps a Buy rating on the shares as part of a broader research note previewing Q1 earnings in Gaming. The group has underperformed a resilient S&P year-to-date, but consumer discretionary spend - (especially on casino floors - remains sturdy in the face of continued macro uncertainty, the analyst tells investors in a research note. While regional weather impacts and delayed rate cuts have impacted the stocks, the impact is largely priced in at this point, the firm added.
