Caesars Entertainment (CZR) has faced an interesting timeline in the market, with notable highs and lows. Its stake was reduced by Kingswood Wealth Advisors LLC. The firm experienced an 18% ROE, better than its industry’s average. However, the company's stock has been falling, dipping more than the broader markets, and pulled back 5.1% this week. Investors of CZR have faced investment losses if they invested three years ago. The company celebrated its first Nebraska property's grand opening but encountered bad weather concerns. Wall Street Analysts see potential for a 40.87% surge. The company reported Q1 earnings below estimates, a loss in Q4, and a shortfall on sales targets. Carl Icahn, a notable Wall Street investor, has been betting big on CZR. The digital aspect of the company is anticipated to drive the stock higher, marking CZR as a top growth stock for the long-term. The potential involvement of Carl Icahn has stirred investor attention. CZR has acquired WynnBET's Michigan iGaming operations and partnered with Sault Ste. Marie Tribe of Chippewa Indians. The company has seen negative reactions in the stock market after weak Q4 results. However, Caesars Entertainment has had a positive outlook with signs of digital growth and a $55.07 consensus price target.
Caesars Entertainment CZR News Analytics from Wed, 11 Oct 2023 07:00:00 GMT to Sun, 30 Jun 2024 23:28:00 GMT -
Rating 0
- Innovation 6
- Information 8
- Rumor -3
