Shares of Caesars Entertainment (NASDAQ:CZR) are off almost 59% year-to-date, marking one of the worst showings in the gaming space. That’s sparked concerns on Wall Street that the stock is vulnerable to economic contraction and a potential pullback in consumer spending. In a note to clients, Stifel analyst Steven Wieczynski slashes his price target on
The post Caesars Estimates Pared Amid Recession Fears, but Risk/Reward Seen as Favorable appeared first on Casino.org.
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