Raymond James Downgrades PENN Entertainment to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst RJ Milligan has downgraded PENN Entertainment from Outperform to Market Perform.
June 25, 2024 | 4:43 pm
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NEGATIVE IMPACT
Raymond James analyst RJ Milligan has downgraded PENN Entertainment from Outperform to Market Perform, indicating a less optimistic outlook on the stock.
The downgrade from a reputable analyst can lead to a negative sentiment among investors, potentially causing a short-term decline in PENN's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100