TD Cowen lowered the firm’s price target on Caesars (CZR) to $48 from $50 and keeps a Buy rating on the shares. The firm previewed results for the gaming sector and is bullish on 2025 amid a disappointing end to 2024. They remain cautious heading into earnings as near-term headwinds suggest downside risk to results.
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Read More on CZR:
- Nevada reports December statewide gaming win up 2.0% to $1.46B
- Kalshi announces launch of markets on college and professional sports
- Caesars price target lowered to $40 from $47.50 at BofA
- Caesars price target lowered to $51 from $54 at Stifel
- Caesars call volume above normal and directionally bullish
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