UPDATE: Credit Suisse Initiates on Caesars Acquisition on Brick-and-Mortar Assets with Upside from Online

In a report published Monday, Credit Suisse analyst Joel Simkins initiated coverage on Caesars Acquisition Company (NASDAQ: CACQ ) with an Outperform rating and $13.00 price target. In the report, Credit Suisse noted, “We initiate coverage of CACQ with an Outperform rating and $13 target price. CACQ was formed to