Caesars price target lowered to $51 from $54 at Stifel

Stifel lowered the firm’s price target on Caesars (CZR) to $51 from $54 and keeps a Buy rating on the shares. The firm believes investors are “confused as to what to do” with shares, but it also believes the setup for 2025 is “overly attractive” and the risk/reward at current trading levels is “too compelling to pass up,” the analyst says. 2025 consensus estimates are “set in a manageable/beatable position” and “any kind of beat should be good enough right now,” the analyst argues.