J.P. Morgan analyst downgrades Caesars Q4 projection after disappointing F1 Las Vegas race
J.P. Morgan analyst Joesph Greff has lowered his fourth-quarter Las Vegas Strip cash-flow projections for Caesars Entertainment. The revision stems from a disappointing Las Vegas Grand Prix in 2024 compared to November 2023's inaugural run. Greff lowered his price target on CZR shares from $58 to $5