Truist Securities Maintains Buy on Caesars Entertainment, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Barry Jonas has maintained a 'Buy' rating on Caesars Entertainment (NASDAQ:CZR) but lowered the price target from $70 to $62.
November 01, 2023 | 5:25 pm
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NEUTRAL IMPACT
Caesars Entertainment's price target has been lowered from $70 to $62 by Truist Securities, though the 'Buy' rating is maintained.
The news is directly about Caesars Entertainment. The lowering of the price target might indicate a potential downside, but the maintained 'Buy' rating suggests that the analyst still sees value in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100