Caesars Entertainment Inc. (CZR) has seen a range of activities including its stocks hitting a new 12-month low at $32.19 and $33.70. Despite this, the company's new investments from notable firms such as Norges Bank, Principal Securities Inc. , and Janney Montgomery Scott LLC keep things positive. Raymond James even initiated the coverage of the company's stock with a strong Buy recommendation. The company reported misses for its quarterly sales targets and projected earnings for Q1 and Q4 but still celebrated the grand opening of its first Nebraska property and updated its online casino app with first-of-its-kind features. Deutsche Bank has trimmed the stock's target, however. There is some evidence of insider trading with an insider purchasing shares worth $1.5M. While most changes have been negative, the Teacher Retirement System of Texas saw a decrease in its holdings, and the company itself missed revenue and net loss projections, some institutions increased their positions, including Private Advisor Group LLC.
Caesars Entertainment CZR News Analytics from Sun, 17 Sep 2023 07:00:00 GMT to Thu, 30 May 2024 20:30:59 GMT -
Rating -2
- Innovation -3
- Information 2
- Rumor -1
