Needham has decided to maintain its Buy rating of PENN Entertainment PENN and lower its price target from $60.00 to $50.00.
Shares of PENN Entertainment are trading up 3.27% over the last 24 hours, at $35.03 per share.
A move to $50.00 would account for a 42.73% increase from the current share price.
About PENN Entertainment
PENN Entertainment Inc provides integrated entertainment, sports content, and casino gaming experiences. It is the operator of gaming and racing properties and video gaming terminal operations in the U.S. It operates retail sports betting across the company's portfolio, as well as online sports betting, online social casino, bingo, and online casinos.
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