Morgan Stanley Maintains Equal-Weight on PENN Entertainment, Lowers Price Target to $24
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 $26 to $24.
October 13, 2023 | 2:13 pm
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Morgan Stanley has maintained an Equal-Weight rating on PENN Entertainment and lowered the price target from $26 to $24.
The lowering of the price target by Morgan Stanley indicates a less optimistic outlook for PENN Entertainment's stock. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100