Goldman Sachs lowered the firm’s price target on Caesars (CZR) to $34 from $36 and keeps a Buy rating on the shares after its Q2 results. The company saw its Regionals and Vegas EBITDAR miss consensus expectations, with the pressure more acute on the Regional side where EBITDAR declined 6%, the analyst tells investors in a research note. Digital was the bright spot however, with the firm’s commensurate estimate raise going some way to offset the pressures in the other segments, Goldman added.
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