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Caesars Entertainment (CZR) Gets a Buy from J.P. Morgan

Tipranks - Tipranks - Fri Mar 13, 6:58AM CDT

J.P. Morgan analyst Daniel Politzer maintained a Buy rating on Caesars Entertainment yesterday. The company’s shares closed yesterday at $29.07.

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According to TipRanks, Politzer is a 4-star analyst with an average return of 6.7% and a 49.83% success rate. Politzer covers the Consumer Cyclical sector, focusing on stocks such as DraftKings, Caesars Entertainment, and Wynn Resorts.

Currently, the analyst consensus on Caesars Entertainment is a Moderate Buy with an average price target of $30.46.

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Based on Caesars Entertainment’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.92 billion and a GAAP net loss of $250 million. In comparison, last year the company earned a revenue of $2.8 billion and had a net profit of $11 million

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