01:30 PM EDT, 10/29/2025 (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 price target by $6 to $15, based on 7.5x our 2026 adjusted EBITDA estimate of $3.75B, below the company's three-year average forward P/E multiple of 8.6x. This reflects our view that the company does not deserve a peer multiple. We expect investors to catch on to the balance sheet issues. Shares of Caesars have traded toward the low end of the range more recently, which we see as fair. CZR's properties generate strong free cash flow, but debt interest expense offsets that free cash flow, which is why we believe shares should trade under their three-year average forward multiple. We also lower our 2025 EPS estimate by $0.25 to -$1.00 and reduce our 2026 EPS estimate by $0.30 to -$0.25.