Morgan Stanley Maintains Equal-Weight on PENN Entertainment, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dara Mohsenian has maintained an Equal-Weight rating on PENN Entertainment (NASDAQ:PENN) and lowered the price target from $27 to $26.
July 14, 2023 | 3:09 pm
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Morgan Stanley has maintained an Equal-Weight rating on PENN Entertainment and lowered the price target from $27 to $26.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on PENN Entertainment's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100