Morgan Stanley Maintains Equal-Weight on PENN Entertainment, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dara Mohsenian maintains an Equal-Weight rating on PENN Entertainment and raises the price target from $21 to $22.
April 09, 2024 | 5:23 pm
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Morgan Stanley maintains an Equal-Weight rating on PENN Entertainment and raises the price target from $21 to $22.
The increase in the price target by Morgan Stanley suggests a positive outlook on PENN Entertainment's stock, potentially leading to a short-term increase in its stock price. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector, but the raised target suggests some optimism.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100