JMP Securities Initiates Coverage On Caesars Entertainment with Market Outperform Rating, Announces Price Target of $65
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jordan Bender has initiated coverage on Caesars Entertainment (NASDAQ:CZR) with a Market Outperform rating and set a price target of $65.
January 09, 2024 | 11:49 am
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JMP Securities has initiated coverage on Caesars Entertainment with a positive Market Outperform rating and a price target of $65, suggesting a potential upside from the current trading price.
Analyst ratings, especially initiations of coverage with a positive outlook, can influence investor sentiment and lead to short-term price increases. The Market Outperform rating and the $65 price target suggest that JMP Securities expects Caesars Entertainment's stock to perform well, which could encourage investors to buy shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100