Lehman Bros. Upgrades Pinnacle Entertainment (PNK) to Overweight

May 9, 2008 7:39 AM EDT

Lehman Bros. upgrades Pinnacle Entertainment (NYSE: PNK) from Equalweight to Overweight, citing current valuation, saying risk already priced into stock. Price target dropped from $26 to $20.

Pinnacle Entertainment, Inc. (Pinnacle) is a developer, owner and operator of casinos and related hospitality and entertainment facilities.


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