Deutsche Bank Maintains Buy on Caesars Entertainment, Lowers Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Carlo Santarelli maintains a Buy rating on Caesars Entertainment (CZR) but lowers the price target from $62 to $59.

April 12, 2024 | 4:48 pm
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Deutsche Bank maintains a Buy rating on Caesars Entertainment but lowers the price target from $62 to $59.
While the reduction in price target could suggest a slightly less optimistic view on the stock's future performance, the maintenance of a Buy rating indicates a continued positive outlook on Caesars Entertainment by Deutsche Bank. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the reaffirmed confidence in the stock's potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100