Susquehanna Reiterates Neutral Rating on Caesars Entertainment (CZR)

Susquehanna analyst Joseph Stauff reiterated a Neutral rating and $31.00 price target on Caesars Entertainment (NASDAQ: CZR).

The analyst comments "We maintain our Neutral rating, lowered our 3Q26 estimates, and maintained our $31 price target, in-line with Fertitta's acquisition price. With the Bloomberg High Yield Index implied yield rising +119 bps since late-August to 8.39%, the synergies are likely to be lower given the cost of funds for the Fertitta/CZR deal. "

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 $28.80 yesterday.

You May Also Be Interested In

• Microsoft to offer buyouts to 60,000 workers in cost-cutting move - Bloomberg
• Bloom Energy Corp. (BE) PT Raised to $306 at Bernstein SocGen After a 'Strong beat and raise'
• Yorkville Ives on Anthropic (ANT) S-1: 'the numbers are showing massive eye popping growth'