Penn National Gaming (PENN) Tops Q1 EPS by 268c; raises guidance

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Penn National Gaming (PENN) PT Lowered to $28 at JPMorgan, Sees Valuation as 'Stuck'

May 4, 2023 1:42 PM EDT

JPMorgan analyst Joseph Greff lowered the price target on Penn National Gaming (NASDAQ: PENN) to $28.00 (from $34.00) while maintaining a Neutral rating.

The analyst comments "As we write up this post conference call earnings note, PENNs stock is down 13%, sizably underperforming the sector and the... More