The recent fluctuations in the stock price of Caesars Entertainment (CZR) have been driven by various market sentiments and financial developments, such as falling revenues in Las Vegas, significant share buybacks, new investments in digital, and ongoing losses. Various investment firms and individuals are actively purchasing and selling CZR shares, indicating mixed confidence in the future of the company. For instance, Prospera Financial Services and Mitsubishi UFJ Asset Management Co. Ltd significantly increased their CZR holdings, while Private Wealth Partners LLC and Retirement Systems of Alabama reduced their respective positions. Despite facing a dismal Q3, CZR's valuation remains central to discussions, provoked by the launch of exclusive online slot games and strategic property sales. The company's strong outlook for group bookings in 2025 and 2026 sparks hope amidst the struggles. However, recent downgrade ratings from Jefferies Financial Group and Wall Street Zen, along with price target cuts by Citizens and Macquarie, underscore the challenges CZR faces amid economic uncertainty and stout industry competition.
Caesars Entertainment CZR News Analytics from Tue, 15 Apr 2025 07:00:00 GMT to Sat, 15 Nov 2025 15:12:03 GMT - Rating -2 - Innovation 3 - Information 8 - Rumor -4
