Canaccord Genuity Maintains Buy on PENN Entertainment, Lowers Price Target to $38
Portfolio Pulse from jenniferd'souza@benzinga.com
Canaccord Genuity analyst Jason Tilchen maintains a 'Buy' rating on PENN Entertainment but lowers the price target from $44 to $38.
August 10, 2023 | 1:44 pm
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Canaccord Genuity maintains a 'Buy' rating on PENN Entertainment but lowers the price target from $44 to $38.
The news is directly related to PENN Entertainment. While the 'Buy' rating is maintained, the lowering of the price target may indicate a potential decrease in the short-term value of the stock. However, the impact is neutral as the 'Buy' rating suggests that the stock is still expected to perform well in the long run.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100