PENN shares are trading lower after Craig-Hallum downgraded the stock to Hold.
Portfolio Pulse from Benzinga Newsdesk
Shares of Penn National Gaming (PENN) are trading lower after Craig-Hallum downgraded the stock to Hold.
August 10, 2023 | 5:18 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Penn National Gaming's stock was downgraded to Hold by Craig-Hallum, leading to a decrease in its share price.
Analyst ratings can significantly impact a company's stock price. In this case, Craig-Hallum's downgrade of PENN to Hold suggests a neutral outlook, which may have led investors to sell their shares, causing the stock price to drop.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100