Form 8-K PENN Entertainment, Inc. For: Oct 07
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Wells Fargo Reiterates Equal Weight Rating on PENN Entertainment Inc (PENN)
October 8, 2024 6:38 AM EDTWells Fargo analyst Daniel Politzer reiterated an Equal Weight rating and $18.00 price target on PENN Entertainment Inc (NASDAQ: PENN)
The analyst comments "Our Thoughts. Mgmt. did a solid job highlighting the companys strategy and opportunities, but we view PENN more as a show-me story,... More
Needham Reiterates Buy Rating on PENN Entertainment Inc (PENN)
October 8, 2024 6:13 AM EDTNeedham analyst Bernie McTernan reiterated a Buy rating and $26.00 price target on PENN Entertainment Inc (NASDAQ: PENN)
The analyst comments "In conjunction with the G2E conference, PENN hosted an investor event. Our biggest takeaway is the YoY improvement in PENN's parlay... More
Truist Securities Reiterates Buy Rating on PENN Entertainment Inc (PENN)
October 8, 2024 6:05 AM EDTTruist Securities analyst Barry Jonas reiterated a Buy rating and $25.00 price target on PENN Entertainment Inc (NASDAQ: PENN).
The analyst comments "This afternoon, PENN hosted its G2E Investor Day and pre-released Q3 results. The Investor Day was highlighted by continued ESPN Bet progress, with promising early KPIs. PENN also outlined the path ahead for Interactive, which could hold meaningful EBITDA generation in 2026. The Q3 release was generally in-line to us/Street, with softer Retail EBITDA (somewhat expected given company commentary and... More
Deutsche Bank Reiterates Hold Rating on PENN Entertainment Inc (PENN)
October 8, 2024 5:59 AM EDTDeutsche Bank analyst Carlo Santarelli reiterated a Hold rating and $20.00 price target on PENN Entertainment Inc (NASDAQ: PENN)
The analyst comments "This afternoon, we attended the PENN Investor Day event at the M Resort in Las Vegas. PENN provided a comprehensive... More
Barclays Reiterates Overweight Rating on PENN Entertainment Inc (PENN)
October 8, 2024 5:46 AM EDTBarclays analyst Felicia Hendrix reiterated an Overweight rating and $23.00 price target on PENN Entertainment Inc (NASDAQ: PENN)
The analyst comments "PENN held an investor day in Las Vegas today, providing, among other things, its to-date progress within Digital. In short, we came away with a few incrementally bullish takes, but the broader story is unchanged: PENN and DIS/ESPN have a shared vision (and roadmap) for a fully integrated OSB-media product that would be unique in the competitive landscape, but progress toward that functionality is either still in the forward view, or... More
