04:00 PM EDT, 07/30/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our 12-month target price by $9 to $21, based on 8.1x our 2026 adjusted EBITDA estimate and lower than the company's three-year average forward EV/EBITDA multiple of 8.7x. We lower our 2025 and 2026 EPS estimates by $1.00 to -$0.75 and $0.95 to $0.05, respectively. CZR posted normalized Q2 EPS of -$0.20 vs $0.12 in Q2 2024, $0.48 below consensus estimates on revenues of $2.9 billion vs $2.8 billion last year and $45 million above estimates. By segment in Q2, Las Vegas' adjusted revenues declined 4% Y/Y, Regional sales increased 4%, and Caesars Digital increased 24%. Adjusted EBITDA declined 8% in Las Vegas, Regional declined 6%, and Caesars Digital doubled to $80M in Q2 2025. CZR saw strength in Regional thanks to its Virginia and New Orleans properties. Management said the company posted solid gaming results in Las Vegas, however, demand softened for its hospitality division. We view shares negatively due to lack of growth drivers and low interest coverage ratios.