Caesars Entertainment Inc has seen significant trading activity, including
insider trading by director Michael E. Pegram, who invested over $1.5M in shares, and buy ratings from
analysts at B. Riley. The company also launched a new
sportsbook app in Kentucky and is upgrading its online casino app with unique functionality. The company's Q4 and Q1
earnings, however, missed estimates and bad weather was identified as negatively impacting Caesars Entertainment's operations. Other factors influencing their performance included a lowered price target from analysts at various firms, including Truist Financial and Wells Fargo, and a disclosure of a somewhat strained
balance sheet. Despite these factors, there's optimism about its future performance; the company's recent appointment to the Board of Directors, its new partnership with Fiesta Bowl, and Caesars Digital's exclusive omnichannel launch of Rakin' Bacon Odyssey in New Jersey showcase proactive measures to keep the stock underway.
Caesars Entertainment CZR News Analytics from Fri, 04 Aug 2023 07:00:00 GMT to Fri, 10 May 2024 13:43:25 GMT -
Rating -4
- Innovation 0
- Information 6
- Rumor 2
