Deutsche Bank Maintains Hold on PENN Entertainment, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Carlo Santarelli maintains a Hold rating on PENN Entertainment (NASDAQ:PENN) and raises the price target from $18 to $20.
August 09, 2024 | 4:50 pm
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Deutsche Bank has maintained its Hold rating on PENN Entertainment and raised the price target from $18 to $20.
The raised price target from $18 to $20 indicates a positive outlook from Deutsche Bank, which could lead to a short-term increase in PENN's stock price. However, the Hold rating suggests that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100