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CZR

Caesars

$10.19

-0.07 (-0.68%)

, APO

Apollo Global

$29.49

-0.89 (-2.93%)

19:01
10/21/18
10/21
19:01
10/21/18
19:01

Caesars to reject Golden Nugget's merger offer, NY Post says

Fertitta invited Caesars earlier this month to merge with his own gaming empire, which includes the Golden Nugget casino chain, according to The New York Post. But Caesars' (CZR) board, which includes reps from billionaire Leon Black's Apollo Management (APO) and David Bonderman's TPG, is expected to unanimously reject Fertitta's deal as soon as this week, believing it would saddle the casino giant with too much debt, the report noted, citing two sources familiar with the situation Reference Link

CZR

Caesars

$10.19

-0.07 (-0.68%)

APO

Apollo Global

$29.49

-0.89 (-2.93%)

  • 31

    Oct

CZR Caesars
$10.19

-0.07 (-0.68%)

10/17/18
FBCO
10/17/18
NO CHANGE
FBCO
Caesars, Golden Nugget merger would make sense, says Credit Suisse
Following a news report saying Tilman Fertitta, owner of the Golden Nugget Casinos, has approached casino operator Caesars about merging it with his own gaming empire, Credit Suisse says merger "would make sense" as brands, casino and restaurant assets are "very complementary." Tilman Fertitta would be a "great addition" to management team given he is well known and liked, and a renowned cost cutter, the firm contends.
10/01/18
RHCO
10/01/18
INITIATION
Target $13
RHCO
Buy
Caesars assumed with a Buy at SunTrust
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".
09/24/18
FBCO
09/24/18
NO CHANGE
FBCO
Caesars defended at Credit Suisse
09/24/18
09/24/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Idera Pharmaceuticals (IDRA) initiated with an Overweight at Barclays. 2. Caesars (CZR) Entertainment initiated with a Sell at UBS. 3. GreenTree Hospitality (GHG) initiated with a Neutral at Goldman Sachs. 4. AMD (AMD) initiated with an Outperform at RBC Capital. 5. Vonage (VG) assumed with an Outperform at William Blair. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
APO Apollo Global
$29.49

-0.89 (-2.93%)

10/01/18
GSCO
10/01/18
UPGRADE
Target $45
GSCO
Conviction Buy
Apollo Global upgraded to Conviction Buy from Buy at Goldman Sachs
Goldman Sachs analyst Alexander Blostein added Apollo Global Management to his firm's Conviction List while keeping a Buy rating on the shares. Apollo at current valuation levels is now the only Alternative Manager to which the market still ascribes a negative value to future incentive earnings, Blostein tells investors in a research note. The analyst believes Apollo's investment performance is strengthening and its realization outlook is improving into 2019 and 2020. He has a $45 price target for the shares.
08/28/18
BUCK
08/28/18
NO CHANGE
BUCK
Buckingham sees RenaissanceRe, Axis Capital trading up on Aspen deal news
Buckingham analyst Amit Kumar called the multiple Apollo Global (APO) agreed to pay to acquire Aspen Insurance (AHL) "a tad underwhelming compared to other recent deals," which he attributes to Aspen's hand being forced by the fast approaching peak hurricane season and investor skepticism on its standalone future. Given the drawn out process, he sees a lower likelihood of a competing bidder emerging, Kumar tells investors, adding that he expects both RenaissanceRe (RNR) and Axis Capital (AXS) to trade up on the deal news.
08/14/18
MSCO
08/14/18
NO CHANGE
Target $42
MSCO
Overweight
Apollo Global's Q3 'setting up well,' says Morgan Stanley
Morgan Stanley analyst Michael Cyprys maintained an Overweight rating and $42 price target on Apollo Global, telling investors in a research note that Q3 is "setting up well" with key fund and balance sheet investments appreciating following a softer Q2 print. He sees Apollo's credit business scaling and new initiatives taking hold that could drive significant upside to fee-related earnings.
07/24/18
BMOC
07/24/18
NO CHANGE
Target $62
BMOC
Market Perform
LifePoint price target raised to $62 from $51 at BMO Capital
BMO Capital analyst Matt Borsch raised his price target on LifePoint (LPNT) to $62 and kept his Market Perform rating after the proposed transaction for the company to be taken private by the Apollo Global (APO) affiliate RCCH HealthCare Partners at $65 per share. The analyst says his price target reflects the acquisition price blended with some uncertainty regarding the deal, even as he views the terms of the offer as attractive to LifePoint shareholders against the"backdrop of reimbursement and volume pressures that challenge acute care hospitals".

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AKAM

Akamai

$90.95

-0.13 (-0.14%)

21:13
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  • 18

    Sep

DB

Deutsche Bank

$8.06

-0.125 (-1.53%)

20:32
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PRVB

Provention Bio

$9.70

0.33 (3.52%)

20:31
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09/18
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20:31
Syndicate
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  • 02

    Oct

  • 19

    Sep

DRI

Darden

$127.40

1.31 (1.04%)

20:25
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  • 18

    Sep

  • 19

    Sep

XGN

Exagen

$0.00

(0.00%)

19:48
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09/18
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19:48
Syndicate
Exagen 3.6M share IPO priced at $14.00 »

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  • 19

    Sep

PING

Ping Identity

$0.00

(0.00%)

19:35
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Syndicate
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  • 19

    Sep

CBS

CBS

$43.38

0.08 (0.18%)

, T

AT&T

$36.77

-0.39 (-1.05%)

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CBS

CBS

$43.38

0.08 (0.18%)

T

AT&T

$36.77

-0.39 (-1.05%)

VIA

Viacom

$27.94

-0.06 (-0.21%)

VIAB

Viacom

$25.77

0.02 (0.08%)

BTI

British American Tobacco

$36.90

0.06 (0.16%)

MO

Altria Group

$40.84

-0.47 (-1.14%)

PM

Philip Morris

$71.58

-0.4 (-0.56%)

IMBBY

Imperial Brands

$0.00

(0.00%)

03/08/13
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  • 23

    Oct

  • 12

    Nov

CRON

Cronos Group

$10.96

-0.205 (-1.84%)

18:57
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MLHR

Herman Miller

$44.48

-0.02 (-0.04%)

, SVRA

Savara

$2.49

-0.14 (-5.32%)

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Herman Miller

$44.48

-0.02 (-0.04%)

SVRA

Savara

$2.49

-0.14 (-5.32%)

CBPO

China Biologic

$103.19

0.37 (0.36%)

NCR

NCR Corp.

$33.62

0.77 (2.34%)

MSFT

Microsoft

$138.53

1.13 (0.82%)

TNDM

TNDM

X

U.S. Steel

$12.45

-0.51 (-3.94%)

PRVB

Provention Bio

$9.70

0.33 (3.52%)

PAA

Plains All American

$21.87

-0.315 (-1.42%)

COST

Costco

$292.47

0.96 (0.33%)

03/08/13
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Barclays

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  • 19

    Sep

  • 19

    Sep

  • 23

    Sep

  • 01

    Oct

  • 02

    Oct

  • 03

    Oct

  • 21

    Oct

  • 22

    Oct

  • 27

    Oct

  • 05

    Nov

  • 19

    Sep

  • 19

    Sep

  • 19

    Sep

TECD

Tech Data

$103.32

-0.59 (-0.57%)

18:41
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T

AT&T

$36.77

-0.39 (-1.05%)

, DISH

Dish

$35.58

0.3 (0.85%)

18:34
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T

AT&T

$36.77

-0.39 (-1.05%)

DISH

Dish

$35.58

0.3 (0.85%)

03/08/13
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  • 23

    Sep

  • 23

    Oct

AGCO

Agco

$76.04

-0.16 (-0.21%)

18:30
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PBR

Petrobras

$14.63

-0.31 (-2.08%)

18:22
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CE

Celanese

$123.69

-0.28 (-0.23%)

18:01
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09/18
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Hot Stocks
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STI

SunTrust

$68.57

0.48 (0.70%)

18:00
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Hot Stocks
SunTrust lowers prime lending rate to 5% from 5.25% »

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03/08/13
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WBS

Webster Financial

$48.84

0.43 (0.89%)

17:53
09/18/19
09/18
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Hot Stocks
Webster Financial lowers prime lending rate to 5.0% from 5.25% 

Effective September 19.

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  • 18

    Sep

  • 13

    Nov

HSBC

HSBC

$38.19

-0.1 (-0.26%)

17:52
09/18/19
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  • 27

    Oct

HES

Hess Corp.

$66.91

-0.92 (-1.36%)

17:50
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  • 01

    Oct

  • 02

    Oct

CSCO

Cisco

$49.32

-0.1 (-0.20%)

, DDOG

Datadog

$0.00

(0.00%)

17:46
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17:46
Periodicals
Cisco approached Datadog with $7B+ takeover bid, Bloomberg says »

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CSCO

Cisco

$49.32

-0.1 (-0.20%)

DDOG

Datadog

$0.00

(0.00%)

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  • 10

    Oct

  • 13

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  • 19

    Sep

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