Stifel Maintains Buy on Caesars Entertainment, Lowers Price Target to $67-Report Released on 17 January 2024
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Steven Wieczynski has maintained a Buy rating on Caesars Entertainment (NASDAQ:CZR) but reduced the price target from $70 to $67.
January 18, 2024 | 1:57 pm
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Stifel maintains a Buy rating on Caesars Entertainment but lowers the price target from $70 to $67.
While the reduction in price target could suggest a slightly less optimistic outlook on the stock's value, the maintenance of a Buy rating indicates that the overall sentiment remains positive. The impact on the stock price is likely to be neutral in the short term as the lowered target is offset by the reaffirmed confidence in the stock's potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100