Citizens JMP raised the firm’s price target on Penn Entertainment (PENN) to $25 from $24 and keeps an Outperform rating on the shares. Penn Entertainment is positioned favorably for the second half after its Q2 revenue beat consensus expectations, the analyst tells investors in a research note. The firm sees a series of catalysts for the company, which points to one of the best setups in the gaming space in 2026 despite several years of overpromising and underdelivering.
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