Goldman Cuts PENN to Conviction Sell

By Monica Gerson
Benzinga Staff Writer
February 16, 2010 9:51 AM

Symbols: PENN

Posted in: Earnings, Short Ideas, Downgrades, Price Target, Markets, Analyst Ratings, Trading Ideas

Analysts at Goldman Sachs downgrade Penn National (NASDAQ: PENN) from "neutral" to "conviction sell." The target price for PENN has been reduced from $25 to $20.

PENN’s share price rose 0.21% to close at $23.34 on Friday.

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