Caesars Entertainment Adds Pari-Mutuel Horse Racing to Caesars Sportsbook App in Kentucky and Colorado Ahead of the Kentucky Derby

Go back to Caesars Entertainment Adds Pari-Mutuel Horse Racing to Caesars Sportsbook App in Kentucky and Colorado Ahead of the Kentucky Derby

CFRA Downgrades Caesars Entertainment (CZR) to Hold

April 30, 2025 2:00 PM EDT

CFRA analyst Zachary Warring downgraded Caesars Entertainment (NASDAQ: CZR) from Buy to Hold with a price target of $30.00 (from $39.00).

The analyst comments "We lower our 12-month price target by $9 to $30 based on 8.3x our 2025 adjusted EBITDA estimate and slightly lower than the company's... More