Penn National Gaming First Quarter Results Exceed Guidance, with Record Income from Operations of $172.1 Million, Adjusted EBITDA of $242.6 Million and Adjusted EBITDA after Master Lease Payments of $

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Go back to Penn National Gaming First Quarter Results Exceed Guidance, with Record Income from Operations of $172.1 Million, Adjusted EBITDA of $242.6 Million and Adjusted EBITDA after Master Lease Payments of $

Penn National Gaming (PENN) PT Raised to $36 at Stifel

April 27, 2018 1:41 PM EDT

Stifel raised its price target on Penn National Gaming (NASDAQ: PENN) to $36.00 (from $33.00) while maintaining a Buy rating following strong result.

Analyst Steven Wieczynski sees a two-pronged path to further value creation:

"First and foremost, we sense the same-store business remains on... More