Citizens Reiterates PENN Entertainment Inc (PENN) at Market Outperform Ahead of Aurora, Columbus Projects

Citizens analyst Jordan Bender reiterated a Market Outperform rating and $25.00 price target on PENN Entertainment Inc (NASDAQ: PENN).

The analyst commented, "We include the Joliet ($130M) and M Resort ($150M) funding projects. Not included in our model are the Aurora ($225M) and Columbus ($70M) funding projects as the capital is at Penn’s discretion, though our diligence suggests Penn will use the capital."

For an analyst ratings summary and ratings history on PENN Entertainment Inc click here. For more ratings news on PENN Entertainment Inc click here.

Shares of PENN Entertainment Inc closed at $16.74 yesterday.

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