Caesars price target raised to $34 from $32 at Susquehanna

Susquehanna raised the firm’s price target on Caesars (CZR) to $34 from $32 and keeps a Positive rating on the shares. The firm updated its model following solid Q1 results. In particular, the favorable results/ near-term outlook arrive at an ideal time assuming a Fertitta bid is working its way through the due diligence process and would likely make a potential acquirer feel more welcome with a bid.