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Fly News Breaks for September 11, 2018
CZR
Sep 11, 2018 | 07:38 EDT
Credit Suisse analyst Cameron McKnight started Caesars with an Outperform rating and $13 price target, while noting that the stock is his Top Pick in Gaming. The analyst points out that it recently re-emerged from bankruptcy and is one of the largest U.S. gaming operators, with eight Las Vegas Strip and 22 Regional properties.
News For CZR From the Last 2 Days
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.
