Barclays analyst Brandt Montour raised the firm’s price target on Penn Entertainment (PENN) to $23 from $22 and keeps an Overweight rating on the shares. The firm sees a “mixed bag” of earnings for the gaming group in Q1. It expects beats from regionals, Vegas and Macau in line with estimates, and misses for digital.
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Read More on PENN:
- Ohio lawmaker introduces bill to increase gambling taxes, News 5’s Trau reports
- Penn Entertainment price target raised to $16 from $15 at Morgan Stanley
- Appeals court rules NJ can’t stop Kalshi bets on sports, Reuters says
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- Penn Entertainment sets June 24 as grand opening for Hollywood Casino Aurora
