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Fly News Breaks for October 1, 2018
CZR
Oct 1, 2018 | 17:17 EDT
SunTrust analyst Barry Jonas assumed Caesars with a Buy rating and a price target of $13 as part of his broader "U.S. Gaming" coverage transfer research report. The analyst is positive on the company's "material margin upside potential given its increasing focus on technology and analytics to rationalize costs" as well as its "M&A/development optionality driven by its leading Total Rewards player rewards database".
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.
