Caesars Entertainment (CZR) has an average rating of overweight and mean price target of $31.80, according to analysts polled by FactSet.
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Price: $29.12, Change: $+0.06, Percent Change: +0.22%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Berkshire Hathaway announced the acquisition of TMHC for $72.50/share in cash, a 24% premium to the May 29 closing price. Prior to the announcement, TMHC was trading near our $57 price target. We view the acquisition as a validation of the long-term fundamentals in the homebuilding industry. However, we think the move also supports our believe that near-term performance will remain choppy, with homebuilders possessing large balance sheets and diversified consumer bases better positioned to navigate headwinds. We see the acquisition as a diversification effort, especially as the transaction signals a departure from Berkshire's strategy of allowing acquisitions to operate independently. CEO Greg Abel indicated plans to unify operations with Berkshire's housing assets, including Clayton Homes. We note Clayton is more exposed to entry level, while TMHC's product portfolio is more diverse. Our 12-month price of $72 is 11.5x our 2027 EPS of $6.26, a premium to the 7.2x 10-year mean. Our EPS estimates remain unchanged.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Oil prices have retreated ~15% from May's $108 high. We upgrade LUV to Hold from Sell, raise our price target by $10 to $43, and lift our 2027 EPS estimate to $4.52 from $3.65 while keeping 2026's at $2.79. Our target reflects 9.5x our 2027 EPS (from 9x our 2026 EPS). Although oil remains a key variable, we have grown more optimistic on LUV-specific drivers, including traction on its new pricing model (Q1 unit revenue +11.2% Y/Y), which could boost revenue growth in the high teens alongside higher airfare. A shift away from open seating could improve LUV's ability to capture higher-yielding corporate and premium travel, an area that has benefited peers. Similar to peers, LUV noted Q1 demand trends across geographies and customer segments remain strong, supporting our view that accelerating revenue can offset fuel headwinds. Our Hold rating and high-single-digit multiple reflect that the new model still needs to prove out on profitability and oil volatility remains a risk.
(Updates with the analyst's commentary.)Morgan Stanley upgraded Dell Technologies (DELL) to equalweight from underweight, as the the company is ''managing supply and executing better than peers'' during the ongoing semiconductor supply chain shortfall."Dell is executing across nearly all business lines, taking share of a growing AI spend pie, gaining share in traditional enterprise markets, and leveraging pricing power in ways that peers aren't, including, we believe, winning general purpose server orders from Tier 2 CSP's," Morgan Stanley wrote in a Monday note.Morgan Stanley also increased Dell's price target to $440 from $170.The technology company has an average rating of overweight and mean price target of $464.47, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $452.00, Change: $+31.09, Percent Change: +7.39%