Caesars price target lowered to $32 from $37 at Truist

Truist lowered the firm’s price target on Caesars (CZR) to $32 from $37 and keeps a Buy rating on the shares. Gaming fundamentals remain resilient despite macro pressures, with Regional and Local markets outperforming, the analyst tells investors in a research note. Vegas softness should persist through Q3 but may improve in Q4, setting up for growth in 2026, Truist says, adding that digital results are volatile amid sports and prediction market concerns, though B2B providers could benefit. Overall, limited earnings surprises are expected, favoring companies with strong assets and stable cash flow, Truist says.