What 9 Analyst Ratings Have To Say About PENN Entertainment
Portfolio Pulse from Benzinga Insights
PENN Entertainment (NASDAQ:PENN) received 9 analyst ratings in the last quarter, with 4 bullish and 5 indifferent, none bearish. The average 12-month price target among these analysts is $27.89, with a high of $33.00 and a low of $22.00, representing a 6.0% decrease from the previous target of $29.67. Analysts rate stocks based on research and provide guidance on growth estimates, earnings, and revenue, but their ratings are opinions and should be considered as such by investors.
December 11, 2023 | 6:00 pm
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NEGATIVE IMPACT
PENN Entertainment has a mixed outlook from analysts, with a revised average price target of $27.89, indicating a potential downside based on the recent decrease in target price.
The decrease in the average price target suggests that analysts see less upside potential for PENN Entertainment, which could lead to a negative short-term impact on the stock price. However, the absence of bearish ratings and presence of bullish ratings may buffer the negative impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100