Susquehanna Upgrades Caesars Entertainment: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Susquehanna upgraded its rating of Caesars Entertainment (NASDAQ:CZR) to Neutral with a price target of $39.00, up from $27.00. Shares of Caesars Entertainment are currently trading down 1.2% at $41.19 per share.
May 25, 2023 | 5:01 pm
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NEUTRAL IMPACT
Susquehanna upgraded Caesars Entertainment to Neutral with a price target of $39.00, up from $27.00. The stock is currently trading down 1.2% at $41.19 per share.
The upgrade from Susquehanna is a positive signal for Caesars Entertainment, as it indicates increased confidence in the company's performance. However, the new price target of $39.00 is lower than the current trading price of $41.19, suggesting that the stock may be overvalued. This mixed signal leads to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100