Barclays lowered the firm’s price target on Caesars (CZR) to $43 from $45 and keeps an Overweight rating on the shares following the Q2 report. The company’s regionals were hurt by one-timers and promotions, while the summer struggles are Las Vegas is known, but not over year, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CZR: