Needham Reiterates Buy on PENN Entertainment, Maintains $33 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan has reiterated a Buy rating on PENN Entertainment (NASDAQ:PENN) and maintained a $33 price target for the company's stock.

December 11, 2023 | 3:38 pm
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Needham analyst Bernie McTernan reiterates a Buy rating on PENN Entertainment with a maintained price target of $33.
The reiteration of a Buy rating by a reputable analyst like Bernie McTernan could positively influence investor sentiment and potentially lead to a short-term increase in PENN's stock price. The maintained price target of $33 suggests that the analyst sees continued upside potential for the stock, which could encourage investors to maintain or establish positions in PENN.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100