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Caesars Entertainment (CZR) PT Lowered to $37 at CFRA

May 1, 2024 1:37 PM EDT

CFRA analyst Zachary Warring lowered the price target on Caesars Entertainment (NASDAQ: CZR) to $37.00 (from $42.00) while maintaining a Hold rating.

The analyst comments "We lower our 12-month price target by $5 to $37, based on 5.4x our 2024 EBITDA estimate and below the company's 1-year average... More