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Citi is Neutral on Caesars (CZR) Due to Concerns Over Aggressive Promotions Replacing High-Margin Strategy
Yahoo Finance· 2025-11-29 00:57
Caesars Entertainment Inc. (NASDAQ:CZR) is one of the most promising stocks with huge upside potential. On November 21, Citi initiated coverage of Caesars with a Neutral rating and $23 price target. This sentiment surrounding the Neutral rating was announced as the firm believes that investors are concerned that Caesars Entertainment is replacing its high-margin strategy with more aggressive promotions. In its Q3 2025 earnings report, which was released earlier, Caesars Entertainment disclosed achieving c ...