B of A Securities Upgrades PENN Entertainment to Buy, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Shaun Kelley has upgraded PENN Entertainment from Neutral to Buy and increased the price target from $27 to $30.

November 20, 2023 | 2:41 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
PENN Entertainment was upgraded by B of A Securities from Neutral to Buy, with a raised price target from $27 to $30.
Upgrades by analysts, especially from neutral to buy ratings, typically signal a positive outlook on the stock and can lead to increased investor confidence and a potential rise in the stock price in the short term. The increase in the price target further supports this positive sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100