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Caesars Entertainment CZR - News Analyzed: 3,876 - Last Week: 100 - Last Month: 498

β‡— Caesars Entertainment (CZR): A Mix of Investment, Growth, Innovation and Challenges

Caesars Entertainment (CZR): A Mix of Investment, Growth, Innovation and Challenges
Principal Securities Inc. and Norges Bank made new investments in Caesars Entertainment, Inc. (CZR). BI Asset Management Fondsmaeglerselskab A S and Vanguard Personalized Indexing Management LLC adjusted their stake in CZR. The corporation recently celebrated the grand opening of Harrah's Columbus, its first Nebraska Property, and updated its online casino app with leading-edge capabilities. CZR hit a new 52-week low at $33.70. Raymond James initiated czr's coverage with a robust buy recommendation. Analysts at Raymond James gave CZR a positive outlook, despite missing revenue and net loss projections in its Q1 2024 Earnings. CZR's share price is reportedly consistent with its revenues. Despite this, CZR investors remain optimistic due to long-term growth prospects. However, it is noted that CZR has a somewhat strained balance sheet, with Q1 earnings and revenues below estimates. CZR's stock price fell following its Q1 results, but Sportbook app launch in Kentucky and a partnership with Sault Ste. Marie Tribe of Chippewa Indians signals innovation and expansion for the company.

Caesars Entertainment CZR News Analytics from Sun, 17 Sep 2023 07:00:00 GMT to Sun, 26 May 2024 08:40:13 GMT - Rating 4 - Innovation 2 - Information 5 - Rumor 0

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