2024.07.19
live mgm casino 4dBut that wasn’t the case Monday. On volume that was well above the daily average, Caesars stock surged 9.52 percent to start the week after the company said it reached a deal with ESPN whereby links to the operator’s sportsbooks will be accessible through ESPN.com and the network’s mobile and fantasy sports apps.Rival DraftKings (NASDAQ:DKNG) booked a similar pact with the worldwide leader in sports, prompting research firm Jefferies to say the agreements are good news for both gaming companies.For his part, Goldman’s Grambling was busy today. (Image: Las Vegas Review-Journal)Circa has announced on its website that the neon cowgirl, in her white, fringed outfit, will reside inside the hotel-casino. four winds casino sign upThe iconic Vegas Vickie sign that towered over Fremont Street for decades has found a home inside a new casino nearing completion in downtown Las Vegas. Count Goldman Sachs as the rare investment bank that’s not overly enthusiastic about Caesars Entertainment (NASDAQ:CZR). The Vegas Vickie sign on Fremont Street was removed in 2017 to make way for construction of Circa Resort. mgm casino online egt free slot machinespechanga casino nearby hotelsThis area is dubbed the Fremont Street Experience.Vegas Vickie’s MarriageAfter Circa posted a picture on Instagram this wThis area is dubbed the Fremont Street Experience.Vegas Vickie’s MarriageAfter Circa posted a picture on Instagram this wBut that wasn’t the case Monday. borgata casino free playThe property posted a picture of the restored sign on its Instagram page this weekend.Vegas Vickie was installed in 1980 at Bob Stupak’s Glitter Gulch Casino on Fremont Street. 14 market close.Investors Focusing ElsewhereUnder normal circumstances for any stock in any sector, a rating from Goldman Sachs has the potential to move the shares. With Caesars stock having surged from around in early August, it’s not surprising that one of the analyst’s primary concerns is valuation.Valuation (is) largely reflective, given higher financial risk,” said Grambling in a note to clients.He notes the stock trades at 7.9x earnings before interest, taxes, depreciation and amortization (EBITDA). casino near me el paso tx online san manuel casinoluckyland slots and casinoBut a couple of others in addition to Grambling rate it a “hold.” The Goldman analysts price forecast isn’t far off the Wall Street consensus of .67.That’s a massive mountain of debt, considering Caesars’ market capitalization of .16 billion as of the Sept. This area is dubbed the Fremont Street Experience.Vegas Vickie’s MarriageAfter Circa posted a picture on Instagram this w(Image: NY Post)Today, analyst Stephen Grambling initiated coverage of the newly formed casino goliath with a “hold” rating and a price target, implying modest upside from the close around .90. But that wasn’t the case Monday. In addition to the new coverage on Caesars, he downgraded MGM Resorts International (NYSE:MGM) to “sell” from “hold,” while reiterating a “buy” rating on Penn National Gaming (NASDAQ:PENN).Not Too GloomyWhile a “neutral” grade on a stock may imply some level of mediocrity, Grambling isn’t entirely negative on Caesars.He reminds investors the company offers plenty of catalysts over the next six to 12 months, including property reopenings, management focus on realizing at least 0 million in savings via the aforementioned takeover, and cash-generating asset sales. coolcat casino sign up bonus casino with slots near me |