Morgan Stanley lowered the firm’s price target on Caesars (CZR) to $25 from $27 and keeps an Equal Weight rating on the shares. Caesars printed a relatively in-line Q4, with better than feared Vegas and digital performance offset slightly by weaker Regions results, says the analyst, who adjusted estimates following the report.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CZR:
- Caesars Entertainment Earnings Call Highlights Digital Surge
- Caesars launches proprietary online slot, Ca$hline
- Midday Fly By: Berkshire cuts Amazon stake, MSG Sports weighs spinoff
- Caesars price target lowered to $44 from $59 at Texas Capital
- Caesars price target lowered to $36 from $37 at JPMorgan