Jefferies analyst David Katz lowered the firm’s price target on Caesars (CZR) to $43 from $52 and keeps a Buy rating on the shares. Operating expectations for land-based casinos should remain “mostly unchanged,” says the analyst, who believes growth from capital projects and balance sheet strength “win fundamentally.” The analyst sees strong demand and constrained supply in 2025-26or Las Vegas and calls regional gaming “still competitive and choppy” with a “few pockets of growth available.”
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Read More on CZR:
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
