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Wells Fargo Keeps Their Hold Rating on Caesars Entertainment (CZR)

Tipranks - Tipranks - Fri Feb 20, 1:56AM CST

In a report released yesterday, Trey Bowers from Wells Fargo maintained a Hold rating on Caesars Entertainment, with a price target of $22.00. The company’s shares closed yesterday at $21.42.

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According to TipRanks, Bowers is a 2-star analyst with an average return of 2.4% and a 58.82% success rate. Bowers covers the Consumer Cyclical sector, focusing on stocks such as Carnival, Royal Caribbean, and Boyd Gaming.

Currently, the analyst consensus on Caesars Entertainment is a Moderate Buy with an average price target of $30.50, a 42.39% upside from current levels. In a report released today, TipRanks – xAI also reiterated a Hold rating on the stock with a $18.50 price target.

See today’s best-performing stocks on TipRanks >>

Based on Caesars Entertainment’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.87 billion and a GAAP net loss of $55 million. In comparison, last year the company earned a revenue of $2.87 billion and had a GAAP net loss of $9 million

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