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Business

Shivani Kumaresan

Stifel Bumps Up Caesars Entertainment Price Target By 6%

Stifel CZR Caesars Entertainment Inc Nasdaq

Stifel analyst Steven Wieczynski raised the price target on Caesars Entertainment Inc (NASDAQ:CZR) to $127 from $120 and kept a Buy rating on the shares, implying a 58% upside.
Steven mentioned that many potential catalysts for the rest of 2022 should facilitate the shares to return to triple-digit.
The analyst also hailed the company's management team.
Price Action: CZR shares are trading higher by 5.08% at $80.54 on the last check Monday.

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