Shares of Caesars Entertainment Inc. and SeaWorld Entertainment Inc. slumped Wednesday after downgrades from KeyBanc analyst Brett Andress, who cited growing concerns over the companies’ prospects as a potential economic recession looms.
Andress, who covers consumer-related leisure facilities, cut his ratings on casino operator Caesars and theme park operator SeaWorld to sector weight after being overweight on Caesars for the past 18 months and on SeaWorld for at least the past 2 1/2 years.
Caesars…
