TD Cowen Reiterates Buy Rating on Caesars Entertainment (CZR)

TD Cowen analyst Lance Vitanza reiterated a Buy rating and $50.00 price target on Caesars Entertainment (NASDAQ: CZR).

The analyst commented, "Caesars announced a new $500 million share repurchase program after announcing it exhausted its previous one in 3Q24. We are constructive on the news, which we believe suggests considerable confidence on behalf of management that 2025 will mark a positive year for free cash flow. Nevertheless, we are adjusting our estimates for 3Q to reflect a tough August across all three segments."

For an analyst ratings summary and ratings history on Caesars Entertainment click here. For more ratings news on Caesars Entertainment click here.

Shares of Caesars Entertainment closed at $42.95 yesterday.

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