Susquehanna Downgrades Isle of Capri Casinos (ISLE) to Neutral
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Susquehanna downgrades Isle of Capri Casinos (Nasdaq: ISLE) from Positive to Neutral.
Susquehanna analyst says, "Given rapidly deteriorating fundamentals in U.S. regional gaming markets, we have adjusted both our estimates and target multiples for ISLE. In light of this revision, the upside potential in ISLE's shares no longer meets our criteria for a Positive rating."
Isle of Capri Casinos, Inc. is a developer, owner and operator of branded gaming facilities and related lodging and entertainment facilities in regional markets in the United States and internationally.
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