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Penn Entertainment price target lowered to $22 from $25 at Needham

Needham lowered the firm’s price target on Penn Entertainment (PENN) to $22 from $25 and keeps a Buy rating on the shares. The firm cites lower than expected interactive handle trends in Q2, adding that the key debate on shares is if Penn will be able to take digital market share this NFL season, the analyst tells investors in a research note.

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