J.P. Morgan analyst Daniel Politzer has maintained their bullish stance on CZR stock, giving a Buy rating on September 16.
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Daniel Politzer has given his Buy rating due to a combination of factors that suggest a promising outlook for Caesars Entertainment. One of the primary reasons is the company’s significant net free cash flow generation projected through 2027, which is expected to benefit shareholders through debt reduction or capital returns. Additionally, despite the current low valuation of Caesars’ stock, the potential value of its assets, particularly its Digital segment, provides a substantial upside.
Caesars Entertainment’s Digital business has been a standout performer, contributing significantly to the company’s growth and future prospects. Politzer believes that maintaining full ownership of this rapidly growing segment offers the most potential for long-term value creation, especially with the possibility of favorable iGaming legislation. Furthermore, the company’s strategic decision to avoid drastic structural changes, such as spinning off its Digital business or restructuring into a full operating company, aligns with a focus on sustainable growth and shareholder value. These elements combined lead to a positive outlook and justify the Buy rating.
In another report released on September 16, Citizens JMP also maintained a Buy rating on the stock with a $41.00 price target.