Wells Fargo Maintains Overweight on Caesars Entertainment, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Daniel Politzer has maintained an Overweight rating on Caesars Entertainment (NASDAQ:CZR) but lowered the price target from $67 to $54.
May 01, 2024 | 5:57 pm
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NEGATIVE IMPACT
Wells Fargo maintains an Overweight rating on Caesars Entertainment but lowers the price target from $67 to $54.
The reduction in price target by a significant financial institution like Wells Fargo, despite maintaining a positive rating, could lead to short-term negative sentiment among investors, potentially impacting the stock price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100