Eldorado Resorts (ERI) Misses Q1 EPS by 11c

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Eldorado Resorts (ERI) PT Raised to $26 at Imperial Capital; Reiterates Outperform

May 5, 2017 11:21 AM EDT

Imperial Capital raised its price target on Eldorado Resorts (NASDAQ: ERI) to $26.00 (from $24.00) while maintaining a Outperform rating. Eldorado reported decreased 1Q results, largely
due to inclement weather in Reno. The companys tri-properties experienced revenues declining 13.8% to $62.7mn while adjusted EBITDA declined 42.4% to... More