Caesars price target lowered to $38 from $40 at Truist

Truist analyst Barry Jonas lowered the firm’s price target on Caesars (CZR) to $38 from $40 and keeps a Buy rating on the shares. Gaming has mostly recovered from tariff noise in Q1, with companies not yet pointing to any signs of consumer softness, the analyst tells investors in a research note. Regionals, Locals and Digital look positive, though Vegas appears to be in a choppy summer, the firm adds.