<div id="readability-page-1"><p><span>Caesars Entertainment (NASDAQ:CZR - Get Free Report)</span> was upgraded by analysts at Zacks Research from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report issued to clients and investors on Monday,Zacks.com reports.</p><ul><li>MGM vs. Las Vegas Sands: Which Casino Stock Is the Better Bet?</li></ul><p>Several other analysts have also issued reports on the company. Truist Financial dropped their target price on Caesars Entertainment from $38.00 to $37.00 and set a &#34;buy&#34; rating on the stock in a report on Wednesday, July 30th. Cfra  reaffirmed a &#34;hold&#34; rating and issued a $50.00 price objective on shares of Caesars Entertainment in a research report on Friday, July 11th. Susquehanna cut their price objective on Caesars Entertainment from $28.00 to $27.00 and set a &#34;neutral&#34; rating for the company in a research report on Friday, August 1st. JPMorgan Chase &amp; Co. raised their price objective on Caesars Entertainment from $47.00 to $48.00 and gave the company an &#34;overweight&#34; rating in a research report on Tuesday, July 22nd. Finally, Stifel Nicolaus increased their target price on Caesars Entertainment from $42.00 to $45.00 and gave the stock a &#34;buy&#34; rating in a research note on Wednesday, July 30th. One investment analyst  has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued  a Hold rating to the stock. According to MarketBeat.com, the stock  has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $42.47.</p><div><p><span></span><span>Get <strong>Caesars Entertainment</strong> alerts:</span></p></div><p><b>View Our Latest Stock Analysis on CZR</b></p><h2>Caesars Entertainment Stock Down 0.8%</h2><ul><li>Wynn Resorts: 6 Reasons to Ante Up for the Stock </li></ul><p>NASDAQ:CZR opened at $25.0720 on Monday. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 6.08. The stock has a market cap of $5.21 billion, a price-to-earnings ratio of -27.29 and a beta of 2.40. The stock has a 50-day moving average price of $27.91 and a two-hundred day moving average price of $28.74. Caesars Entertainment has a 1 year low of $21.40 and a 1 year high of $45.93. </p><p>Caesars Entertainment (NASDAQ:CZR - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.46). Caesars Entertainment had a negative return on equity of 4.55% and a negative net margin of 1.71%.The firm had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.85 billion. During the same period in the prior year, the company earned ($0.56) earnings per share. The firm's quarterly revenue was up 2.7% on a year-over-year basis.  As a group, equities analysts expect that  Caesars Entertainment will post -0.77 earnings per share for the current year. </p><h2>Institutional Inflows and Outflows</h2><ul><li>How to Invest in Casino Stocks: Pros and Cons and More</li></ul><p>Large investors have recently bought and sold shares of the stock. DAVENPORT &amp; Co LLC raised its position in  Caesars Entertainment by 1,051.1% during the 1st quarter. DAVENPORT &amp; Co LLC now owns 3,495,915 shares of the company's stock worth $87,399,000 after purchasing an additional 3,192,224 shares during the last quarter.  Allspring Global Investments Holdings LLC raised its position in shares of  Caesars Entertainment by 14.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 10,495 shares of the company's stock worth $261,000 after acquiring an additional 1,360 shares in the last quarter.  Sequoia Financial Advisors LLC bought a new position in shares of  Caesars Entertainment in the 1st quarter worth about $30,148,000.  GSA Capital Partners LLP bought a new position in shares of  Caesars Entertainment in the 1st quarter worth about $540,000.  Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in shares of  Caesars Entertainment by 19.9% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 28,234 shares of the company's stock valued at $725,000 after buying an additional 4,684 shares during the period. 91.79% of the stock is owned by institutional investors. </p><h2>About Caesars Entertainment</h2> (Get Free Report)<p>Caesars Entertainment, Inc operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Caesars Entertainment</li><li>Should You Add These Warren Buffett Stocks to Your Portfolio?</li><li>2 Powerful Forces Now Back Intel's Turnaround</li><li>3 Fintech Stocks With Good 2021 Prospects</li><li>Archer's Flight Milestones &amp; Defense Wins Excite Wall Street </li><li>Stock Market Sectors: What Are They and How Many Are There? </li><li>Upstart Stock Could Pop on a Short Squeeze Soon</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q1pS?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q1pS"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Caesars Entertainment Right Now?</h2><p>Before you consider Caesars Entertainment, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Caesars Entertainment wasn't on the list.</p><p>While Caesars Entertainment currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Zacks Research upgraded Caesars Entertainment (NASDAQ:CZR) from a "strong sell" to a "hold" rating. Other analysts have varied opinions, with Truist Financial maintaining a "buy" rating but lowering the target price to $37.00, while Cfra set a price objective of $50.00. The stock has a consensus rating of "Moderate Buy" with an average target of $42.47. Caesars reported a quarterly revenue of $2.91 billion but missed earnings expectations, posting a loss of ($0.39) per share. Institutional investors hold 91.79% of the stock.</p>

Caesars Entertainment (NASDAQ:CZR) Upgraded by Zacks Research to "Hold" Rating