PENN Entertainment shares are trading lower after Raymond James downgraded the stock from Outperform to Market Perform.
Portfolio Pulse from Benzinga Newsdesk
PENN Entertainment shares are trading lower after Raymond James downgraded the stock from Outperform to Market Perform.
June 25, 2024 | 6:18 pm
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PENN Entertainment shares are experiencing a decline following a downgrade by Raymond James from Outperform to Market Perform.
The downgrade by a reputable analyst firm like Raymond James typically leads to a negative sentiment among investors, causing a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100