2024.07.12
free casino slots for ipadThat’s a massive mountain of debt, considering Caesars’ market capitalization of .16 billion as of the Sept. (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. 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. four winds casino labor dayIn 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. That’s a massive mountain of debt, considering Caesars’ market capitalization of .16 billion as of the Sept. The sign has been restored and is inside the new downtown hotel-casino. soaring eagle casino buffet chumba casino complaintsfree slot machines without downloading and registrationThat’s a massive mountain of debt, considering Caesars’ market capitalization of .16 billion as of the Sept. The Vegas Vickie sign on Fremont Street was removed in 2017 to make way for construction of Circa Resort. Goldman Sachs isn’t crazy about Caesars stock, but the bank acknowledges catalysts. chinook winds casino contact numberBut 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.Count Goldman Sachs as the rare investment bank that’s not overly enthusiastic about Caesars Entertainment (NASDAQ:CZR). 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. seneca niagara casino slots is lucky tiger casino legitblack oak casino winners 2021But 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. The higher financial risk of which the Goldman analyst speaks is the .7 billion in debt the Bally’s operator carries as of June 30. 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. Goldman Sachs isn’t crazy about Caesars stock, but the bank acknowledges catalysts. That could come before the end of 2020 and would likely be a positive catalyst for the stock.The bulk of the analysts covering Caesars stock have “buy” ratings. intertops casino erfahrungen aliante casino free gift |