Caesars Entertainment (CZR) has seen a mixture of significant events such as being added to dual indexes, expanding its online World Series of Poker (WSOP), and innovative collaborations like an exclusive Vegas residency with Nikki Glaser and David Spade. The company faced challenges, including being removed from S&P 500, investor concerns linked to a Times Square casino setback, and persistent decline in revenue from the Las Vegas segment indicated stock volatility. Positive news, like the ground-breaking of Caesars Republic Sonoma County, and the addition to S&P 1000 and S&P 600 Consumer Discretionary, sparred with negative developments like the drop in shares by 3.3% since the last earnings report. The company has also invested in digital growth and mulled an online gambling public spinoff to boost revenue. The projected earnings date is set, with key updates expected from the conference call. However, CFRA raises CZR's stock price target to $50 on stable outlook despite the company reporting losses.
Caesars Entertainment CZR News Analytics from Tue, 21 Jan 2025 08:00:00 GMT to Sat, 27 Sep 2025 22:44:45 GMT -
Rating 4
- Innovation 2
- Information 6
- Rumor -3
