Morgan Stanley Maintains Equal-Weight on Caesars Entertainment, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling maintains an Equal-Weight rating on Caesars Entertainment (CZR) and raises the price target from $44 to $45.
April 09, 2024 | 5:13 pm
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Morgan Stanley maintains an Equal-Weight rating on Caesars Entertainment and raises the price target from $44 to $45.
The increase in price target by a reputable analyst like Stephen Grambling from Morgan Stanley suggests a positive outlook on the stock, potentially leading to short-term price appreciation. However, the maintenance of an Equal-Weight rating indicates that the stock might be fairly valued at its current level, which could temper significant price movements.
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IMPORTANCE 75
RELEVANCE 100