Morgan Stanley Maintains Equal-Weight on Caesars Entertainment, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling maintains an Equal-Weight rating on Caesars Entertainment (NASDAQ:CZR) but lowers the price target from $41 to $40.
September 04, 2024 | 12:29 pm
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Morgan Stanley has maintained its Equal-Weight rating on Caesars Entertainment but has slightly lowered the price target from $41 to $40, indicating a cautious outlook.
The lowering of the price target by Morgan Stanley suggests a slightly negative outlook on Caesars Entertainment's stock performance, which could lead to a short-term decrease in stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target reflects some concerns.
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