Caesars price target lowered to $43 from $45 at Citizens JMP

Citizens JMP lowered the firm’s price target on Caesars (CZR) to $43 from $45 and keeps an Outperform rating on the shares. Caesars’ EBITAR was 1% below consensus, but brings up some fears around certain areas of the business, the analyst tells investors in a research note. The bright spot was digital, highlighting improving growth, generating $80M of EBITDA in the quarter, the firm says.