DaVENPORT & Co LLC and Assenagon Asset Management S.A. have both acquired significant stakes in Caesars Entertainment. The company has reported earnings for Q2 and Q3, which resulted in subsequent fluctuations in share prices. Analysts, such as TD Cowen and Jefferies, have maintained their ratings on the stock, occasionally adjusting target prices.
For continued growth and expansion, Caesars engaged in partnerships such as the imminent launch of Caesars Republic Sonoma County with Dry Creek Rancheria and the deployment of a new Rampart Casino Sportsbook in Las Vegas. The company is also venturing out in digital, with its Caesars Rewards Shop on its online casino platform.
However, the company was subjected to some bearish views due to poorer than expected economic data, missed estimates, a widened loss in Q3, Las Vegas revenue decline, and potential threats from an online prediction market.
Furthermore, the firm's removal from the S&P 500 reshaped its investment outlook, leading to inquiries about if it's the right time to purchase their stock. Encouraging returns have been reported after these setbacks or dealing with challenging market circumstances.
Caesars Entertainment CZR News Analytics from Mon, 21 Apr 2025 07:00:00 GMT to Wed, 24 Dec 2025 17:31:00 GMT - Rating -2 - Innovation 0 - Information 8 - Rumor -5
