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Sohini Mondal

Are Wall Street Analysts Predicting Caesars Entertainment Stock Will Climb or Sink?

Caesars Caesars Entertainment Entertainment CZR

With a market cap of $7.7 billion, Reno, Nevada-based Caesars Entertainment, Inc. (CZR) is a leading gaming and hospitality company operating casinos, resorts, and entertainment venues across North America and beyond. With properties in 18 states, it offers a diverse range of gaming options, including slot machines, table games, online gaming, and sports betting.

Shares of the casino and resort operator have underperformed the broader market over the past 52 weeks. CZR has dipped 17% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 21%. However, shares of CZR are up 6.9% on a YTD basis, outperforming SPX’s 1.9% gain.

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