Form 8-K PENN Entertainment, Inc. For: Aug 09

Go back to Form 8-K PENN Entertainment, Inc. For: Aug 09

Penn National Gaming (PENN) Menioned Positively at Roth/MKM: 'Major Upside Potential'

August 10, 2023 7:22 AM EDT

Roth/MKM analyst Edward Engel reiterated a Buy rating and $38.00 price target on Penn National Gaming (NASDAQ: PENN).

The analyst comments "We believe PENN's legacy land-based business is worth $19/share, which assumes a 13% yield on PENN's normalized land-based FCF of $400M. At... More