8 Analysts Have This To Say About Caesars Entertainment
Portfolio Pulse from Benzinga Insights
Eight analysts have recently updated their ratings on Caesars Entertainment (NASDAQ:CZR), with a mix of bullish and bearish sentiments. The average 12-month price target is now $58.38, a 9.02% decrease from the previous average. Analysts from firms like JP Morgan, JMP Securities, Morgan Stanley, Stifel, Truist Securities, Barclays, and Capital One have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Caesars Entertainment has shown a revenue growth rate of 3.71% as of September 30, 2023, but lags behind industry peers and has a lower net margin and ROE compared to industry standards.
January 09, 2024 | 5:00 pm
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NEGATIVE IMPACT
Analysts have mixed views on Caesars Entertainment, with recent price target adjustments reflecting a bearish sentiment. The company's financial performance shows growth but underperforms in profitability and efficiency metrics.
The decrease in the average price target by analysts suggests a bearish outlook for Caesars Entertainment's stock price in the short term. The company's revenue growth is positive, but its underperformance in net margin, ROE, and ROA compared to industry standards may concern investors, potentially leading to a negative impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100