Wells Fargo Maintains Equal-Weight on PENN Entertainment, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Daniel Politzer has maintained an Equal-Weight rating on PENN Entertainment and raised the price target from $18 to $20.
October 17, 2024 | 5:35 pm
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Wells Fargo has maintained its Equal-Weight rating on PENN Entertainment while increasing the price target from $18 to $20, indicating a slightly more positive outlook.
The increase in price target from $18 to $20 by Wells Fargo suggests a slightly more optimistic view on PENN Entertainment's future performance. Maintaining the Equal-Weight rating indicates that the stock is expected to perform in line with the market. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100