Morgan Stanley Maintains Equal-Weight on PENN Entertainment, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dara Mohsenian maintains an Equal-Weight rating on PENN Entertainment (NASDAQ:PENN) and lowers the price target from $23 to $21.
February 28, 2024 | 6:04 pm
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Morgan Stanley has maintained its Equal-Weight rating on PENN Entertainment but lowered the price target from $23 to $21.
The reduction in the price target by a reputable analyst like Dara Mohsenian from Morgan Stanley could lead to a negative short-term sentiment among investors, potentially causing a decrease in PENN Entertainment's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100