Caesars initiated with a Buy at Goldman Sachs

Goldman Sachs initiated coverage of Caesars (CZR) with a Buy rating and $36 price target The firm says that while concerns around over-earning and a consumer pullback in Las Vegas have weighed on shares, “patient investors will be rewarded” as the company’s trends will inflect in 2026. In the first half of next year, Caesars is positioned to benefit from the return of two mega-conferences that only occur every three years, the analyst tells investors in a research note.