Why Caesars Entertainment's Stock Is Trading Higher Today

Caesars Entertainment, Inc. CZR shares are trading higher after multiple firms maintained their Buy ratings on the stock and raised their price targets.

Deutsche Bank analyst Carlo Santarelli maintained a Buy rating and raises the price target from $65 to $120.

Truist Securities analyst Barry Jonas maintained a Buy rating and raises the price target from $100 to $120.

Caesars Entertainment includes around 50 domestic gaming properties across Las Vegas and regional markets.

Caesars' stock was trading 4% higher at $100.69 at the time of publication. The stock has a 52-week high of $106.20 and a 52-week low of $16.91.