Wells Fargo Maintains Equal-Weight on PENN Entertainment, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Daniel Politzer has maintained an Equal-Weight rating on PENN Entertainment (NASDAQ:PENN) and lowered the price target from $21 to $18.
May 03, 2024 | 5:41 pm
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Wells Fargo maintains an Equal-Weight rating on PENN Entertainment and lowers the price target from $21 to $18.
The reduction in the price target by Wells Fargo suggests a bearish outlook on PENN Entertainment's stock in the short term. This adjustment reflects the analyst's view on the company's future performance, potentially influencing investor sentiment and the stock's market price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100