2024.07.19
turtle creek casino stadium(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. That figure is a combination of what the old Eldorado Resorts brought to the table in acquiring Caesars and the .8 billion in liabilities the buyer assumed from the target. 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. pechanga casino maluma(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. The 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. But today wasn’t a typical daylucky tiger online casino for Caesars.Grambling’s assessment on the stock is undoubtedly lukewarm and, on a standard day, probably would’ve sent the shares lower. nearest casino to nashville hard rock casino spafree slots queen of the nile 2With 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). Count Goldman Sachs as the rare investment bank that’s not overly enthusiastic about Caesars Entertainment (NASDAQ:CZR). But today wasn’t a typical daylucky tiger online casino for Caesars.Grambling’s assessment on the stock is undoubtedly lukewarm and, on a standard day, probably would’ve sent the shares lower. blackjack casino jobsWith 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). 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. 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. 4 kings online casino y.casino onlinepoker casino chipsIn 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. 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. The sign has been restored and is inside the new downtown hotel-casino. 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. 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). nugget casino reno hotel river spirit casino earth wind and fire |