Caesars Entertainment Price Target Raised to $34

Morgan Stanley boosts price target on casino operator's stock

Apr. 11, 2026 at 8:25am

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Caesars Entertainment (NASDAQ:CZR) had its price target lifted by Morgan Stanley from $32.00 to $34.00 in a research report published on Wednesday. The brokerage currently has an equal weight rating on the stock.

Why it matters

This price target increase suggests Wall Street sees upside potential in Caesars Entertainment's stock, despite the company facing some headwinds like a recent downgrade from Goldman Sachs. The casino operator's shares have traded in a wide range over the past year.

The details

Morgan Stanley raised its price target on Caesars Entertainment from $32 to $34, while maintaining an equal weight rating on the stock. The investment bank cited the company's recent performance and growth outlook as reasons for the target increase. Caesars Entertainment has been the subject of several other analyst reports, with Goldman Sachs downgrading the stock to neutral and lowering its price target, while TD Cowen and Susquehanna have issued buy ratings and higher price targets.

  • The research report was published on Wednesday, April 11, 2026.

The players

Caesars Entertainment

A leading integrated gaming and hospitality company headquartered in Las Vegas, Nevada, operating a global portfolio of resorts, casinos, and entertainment venues.

Morgan Stanley

A multinational investment bank and financial services company that provides research coverage on Caesars Entertainment.

Goldman Sachs

A global investment banking, securities, and investment management firm that recently downgraded Caesars Entertainment.

TD Cowen

An investment bank that has issued a buy rating and higher price target on Caesars Entertainment.

Susquehanna

An investment firm that has upgraded Caesars Entertainment to a positive rating and increased its price target.

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What’s next

Investors will be watching to see if Caesars Entertainment's stock can maintain momentum and reach the new $34 price target set by Morgan Stanley.

The takeaway

This price target increase from a major investment bank suggests Wall Street sees potential upside in Caesars Entertainment's stock despite some recent headwinds, underscoring the casino operator's ability to navigate a challenging environment.