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Stock impact report

Caesars Entertainment (CZR) Climbs 9% on Rating, PT Upgrade [Yahoo! Finance]

Caesars Entertainment, Inc. (CZR) 
Last caesars entertainment, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.caesars.com/investor-relations
Company Research Source: Yahoo! Finance
Caesars Entertainment ended two days of losses on Thursday, jumping 9 percent to finish at $25.07 after earning a price target and rating upgrade from an investment firm. In a market report, Susquehanna turned bullish for Caesars Entertainment Inc. (NASDAQ:CZR), issuing the latter a “positive” rating versus “neutral” previously, while raising its price target by 24 percent to $31 from $25. The Caesars Palace. Photo from Caesars Entertainment website The revision reflected its optimism for Caesars Entertainment Inc. (NASDAQ:CZR) to clock higher earnings in the near future, backed by strong regional operations which account for 40 percent of its value, with the improvement expected to come from normalized promotional spending and other tailwinds such as tax refunds, among others. Additionally, Susquehanna expects the entertainment firm's Las Vegas operations to post a sequential improvement amid key factors including a higher group and convention mix which typically benefits th Show less Read more
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