Caesars price target lowered to $23 from $30 at Susquehanna

Susquehanna lowered the firm’s price target on Caesars (CZR) to $23 from $30 and keeps a Neutral rating on the shares. The firm lowered its estimates due to lower International visitation as roughly 12% of Las Vegas visitors are from Canada/Mexico. Estimates were also lowered due to some softer regional weakness in the US that were most hit from the tariff war.