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home / news releases / CZR - Caesars Entertainment: Closely Monitoring Tourism Statistics To Spot A Reversal

CZR - Caesars Entertainment: Closely Monitoring Tourism Statistics To Spot A Reversal

Caesars Entertainment Inc.

2024-05-13 06:57:27 ET

Summary

  • Caesars Entertainment's stock rating has been upgraded to neutral due to the aggressive valuation re-rate suffered by the stock.
  • We will be closely monitoring tourism data from LVCVA to spot tourism pick up, which serves as a bullish reversal for CZR financials.
  • The stock now trades at a lower price and multiples, making it potentially attractive for investment, with a target price of $42 per share.

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For further details see:

Caesars Entertainment: Closely Monitoring Tourism Statistics To Spot A Reversal
Stock Information
Company Name: Caesars Entertainment Inc.
Stock Symbol: CZR
Market: NASDAQ
Website: caesars.com/corporate
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