2025.11.09
hard rock casino hollywood restaurants(Image: Barron’s)In a note to clients today, Stifel analyst Steven Wieczynski reiterates a “buy” rating on Caesars stock, while lifting his price target on the name to 5 from .Other Levers to PullThe Stifel analyst points out that Caesars remains intent on divesting a Strip property, and that process could accelerate as coronavirus vaccines are distributed on a broader scale.The pace of that recovery remains sluggish, but there’s more to the story than just Sin City assets.is poker the same as texas holdemIt will ceremonially mark the end of Trump’s casino career.Add that into the sports betting thesis, and there’s room for more upside in the stock.The building has been crumbling in recent years, and the towering structure has been a stark reminder of the region’s economiriversweeps add money online peppermill reno casinofree slots 2xMuch of that debt is junk-rated, meaning higher interest expense.The pace of that recovery remains sluggish, but there’s more to the story than just Sin City assets.Catalysts Can Outlast COVID-19As the second-largest operator on the Las Vegas Strip, Caesars stock is long regarded as a play on vaccine distribution and an economic rebound in the largest domestic gaming hub.ex casino poker tableAn analyst sees a lot to like with the stock.“Every catalyst we pointed out should help drive leverage lower.Any deleveraging event that CZR can participate in will only drive the equity value higher, given leverage is one of the biggest overhangs on this story,” he writes.resorts casino entertainment chinook winds casino menufree blackjack table gamesAdd that into the sports betting thesis, and there’s room for more upside in the stock.Any deleveraging event that CZR can participate in will only drive the equity value higher, given leverage is one of the biggest overhangs on this story,” he writes.Adding up the aforementioned points creates a potentially lucrative deleveraging missive, according to Wieczynski.“Once the deal closes, we would expect management to start laying out more details behind a possible sports betting/iGaming spinout, or what the earnings power of the 100% controlled entity could look like.As the vaccine continues to be administered, Maddox is optimistic that the gaming industry — both in Massachusetts and nationwide — will quickly return.Much of that debt is junk-rated, meaning higher interest expense.golden nugget casino win lob statement new online casino no deposit bonus 2020 |