Investors Are Gobbling Up Shares of These 10 Firms

7. Caesars Entertainment, Inc. (NASDAQ:CZR)

Caesars Entertainment rallied by 5.7 percent on Tuesday to close at $28.26 apiece as investors cheered bullish outlooks from two investment companies.

In a market note, TD Cowen reaffirmed its “buy” recommendation and $40 price target on Caesars Entertainment, Inc.’s (NASDAQ:CZR) stock, underscoring the company’s robust cash flow and digital potential. The figure represented a 41.5 percent upside from its latest closing price.

Meanwhile, JMP Securities also maintained its “market outperform” rating on Caesars Entertainment, Inc. (NASDAQ:CZR) at a price target of $45, representing a 59-percent premium of its closing price on Tuesday.

Given the continued softening in summer bookings, JMP Securities was confident about Caesars Entertainment, Inc.’s (NASDAQ:CZR) pricing strategy for non-gaming business segments, which has already been successful in the past.

Additionally, the convention and group outlook, which has seen a year-to-date increase of 2 percent, is expected to serve as a medium-term catalyst for the company, potentially reaching record levels by 2026.

Caesars Entertainment, Inc. (NASDAQ:CZR) is a hotel and gambling operator that operates more than 50 properties.