Caesars Entertainment (CZR) PT Raised to $95 at Goldman Sachs

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March 23, 2021 8:21 AM EDT
Get Alerts CZR Hot Sheet
Price: $29.67 -0.27%

Rating Summary:
    7 Buy, 22 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 21 | New: 20
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Goldman Sachs analyst Stephen Grambling raised the price target on Caesars Entertainment (NASDAQ: CZR) to $95.00 (from $92.00) while maintaining a Neutral rating.

Grambling said they expect a combination of favorable legislation and consumer adoption to drive growth in U.S. online sports betting and internet gambling (i-Gaming) from $900mn/$1.5bn markets today to $39bn/$14bn in 2033, equating to 40%/27% CAGRs for over a decade.


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