Barclays raised the firm’s price target on Penn Entertainment (PENN) to $22 from $21 and keeps an Overweight rating on the shares post the Q4 report. The company surprised with first month profitable post ESPN, adding credibility to the breakeven target, the analyst tells investors in a research note.
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Read More on PENN:
- Penn National Gaming Eyes 2026 Digital Breakeven
- Wells upgrades Penn to Equal Weight on improved free cash flow
- Penn Entertainment upgraded to Equal Weight from Underweight at Wells Fargo
- PENN Entertainment Targets Strong 2026 Growth After Solid Year-End Performance
- Penn Entertainment reports Q4 adjusted EPS 7c, consensus (16c)