Caesars price target raised to $74 from $68 at Stifel

Stifel analyst Steven Wieczynski raised the firm’s price target on Caesars to $74 from $68 and keeps a Buy rating on the shares. Vegas and regional casino fundamentals “remain solid with no signs of the consumer slowing,” the analyst tells investors in a post-earnings note. The firm expects free cash flow generation will continue to surprise to the upside from here, which it argues “should in turn lead to accelerated debt reduction and bring more long-only investors back to this story.”