Caesars Entertainment Closes Sale of World Series of Poker® Brand to NSUS Group for US$500 million

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Go back to Caesars Entertainment Closes Sale of World Series of Poker® Brand to NSUS Group for US$500 million

CFRA Downgrades Caesars Entertainment (CZR) to Sell

October 30, 2024 9:29 AM EDT

CFRA analyst Zachary Warring downgraded Caesars Entertainment (NASDAQ: CZR) from Hold to Sell with a price target of $35.00 (from $39.00).

The analyst comments "We lower our 12-month target by $4 to $35, based on 8.5x our 2025 EBITDA estimate and slightly lower than the company's one-year average forward... More