Barclays Maintains Overweight on PENN Entertainment, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandt Montour has maintained an Overweight rating on PENN Entertainment (NASDAQ:PENN) and raised the price target from $33 to $36.
August 10, 2023 | 11:51 am
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Barclays has maintained an Overweight rating on PENN Entertainment and raised the price target from $33 to $36, which could positively impact the stock.
The Overweight rating maintained by Barclays indicates a positive outlook for PENN Entertainment. The increase in the price target from $33 to $36 suggests that the analyst expects the stock to outperform, which could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100