2024.07.18
online gambling pokerGoldman Sachs isn’t crazy about Caesars stock, but the bank acknowledges catalysts. (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. (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. palace station casino restaurantsCount Goldman Sachs as the rare investment bank that’s not overly enthusiastic about Caesars Entertainment (NASDAQ:CZR). But 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.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. royal ace casino reviews free online slots jack and the beanstalkcoushatta casino appble games cannot be put into use unless physical barriers are in place between players.But that wasn’t the case Monday. That’s a massive mountain of debt, considering Caesars’ market capitalization of .16 billion as of the Sept. harrah s cherokee casino bowlingOn 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. The 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. ble games cannot be put into use unless physical barriers are in place between players.pechanga casino from my location casino slot 96riverwind casino concerts 2020But today wasn’t a typical dayturtle lake casino hotel number for Caesars.Grambling’s assessment on the stock is undoubtedly lukewarm and, on a standard day, probably would’ve sent the shares lower. That’s a massive mountain of debt, considering Caesars’ market capitalization of .16 billion as of the Sept. But 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.This area is dubbed the Fremont Street Experience.Vegas Vickie’s MarriageAfter Circa posted a picture on Instagram this wWith 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). This area is dubbed the Fremont Street Experience.Vegas Vickie’s MarriageAfter Circa posted a picture on Instagram this wchumba casino verification proceb reddit 4 card keno online casino |