Caesars price target raised to $25 from $22 at Jefferies

Jefferies analyst David Katz raised the firm’s price target on Caesars (CZR) to $25 from $22 and keeps a Hold rating on the shares. In revisiting casino stocks, the firm focused on growth potential both organically and from capital projects, as well as the execution by management teams rather than the “disparate” valuations. Jefferies told investors in a research note that the Street’s patience for limited-productivity digital gaming investments by land-based operators has worn thin.