Surprising Analyst 12-Month Target For FXD
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 18 2024
0mins
Source: NASDAQ.COM
- Analyst Target Prices for ETFs: Analysts see an 11.24% upside for the First Trust Consumer Discretionary AlphaDEX Fund ETF (FXD) based on its underlying holdings, with notable upside seen in stocks like Caesars Entertainment Inc, NIKE Inc, and MGM Resorts International.
- Analyzing Analyst Targets: The article questions whether analysts are justified or overly optimistic in their targets for stocks like CZR, NKE, and MGM, emphasizing the need for further investor research to understand the implications of these targets.
Analyst Views on CZR
Wall Street analysts forecast CZR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CZR is 29.66 USD with a low forecast of 21.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
7 Buy
5 Hold
0 Sell
Moderate Buy
Current: 23.610
Low
21.00
Averages
29.66
High
40.00
Current: 23.610
Low
21.00
Averages
29.66
High
40.00
About CZR
Caesars Entertainment, Inc. is a casino-entertainment company and a diversified gaming and hospitality provider. The Company operates primarily under the Caesars, Harrah’s, Horseshoe, and Eldorado brand names. Its segments include Las Vegas, Regional, Caesars Digital, and Managed and Branded, in addition to Corporate and Other. It offers diversified gaming, entertainment and hospitality amenities, destinations, and a full suite of mobile and online gaming and sports betting experiences. The Company owns, leases or manages an aggregate of 53 domestic properties in 18 states. It also operates and conducts sports wagering across 32 jurisdictions in North America, 26 of which offer online sports betting, and operates iGaming in five jurisdictions in North America. It operates the Caesars Sportsbook app, the Caesars Racebook app, the Caesars Palace Online Casino app and the new Horseshoe Online Casino app. Its online casino games include slots, table games, live dealer and video poker.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








