PENN Entertainment Reports Third Quarter Results
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Canaccord Genuity Reiterates Buy Rating on PENN Entertainment Inc (PENN)
November 7, 2024 4:10 PM ESTCanaccord Genuity analyst Jason Tilchen reiterated a Buy rating and $28.00 price target on PENN Entertainment Inc (NASDAQ: PENN)
The analyst comments "PENN reported mixed Q3 results, with several headwinds impacting the company's land-based properties and a narrower loss for the Interactive segment. Consumer spending at PENNs regional casinos remained stable, although increased... More
Truist Securities Reiterates Buy Rating on PENN Entertainment Inc (PENN)
November 7, 2024 4:02 PM ESTTruist Securities analyst Barry Jonas reiterated a Buy rating and $23.00 price target on PENN Entertainment Inc (NASDAQ: PENN).
The analyst comments "PENN reported an in-line Q3 following the company's pre-release at G2E Investor Day. Land-based remains stable, with M/M... More
Morgan Stanley Reiterates Equalweight Rating on PENN Entertainment Inc (PENN)
November 7, 2024 8:05 AM ESTMorgan Stanley analyst Stephen Grambling reiterated an Equalweight rating and $19.00 price target on PENN Entertainment Inc (NASDAQ: PENN)
The analyst comments "PENN's 3Q24 results were in-line with pre-announced expectations, which included deteriorating retail segment results but better cost control in digital. 4Q was... More
Barclays Reiterates Overweight Rating on PENN Entertainment Inc (PENN)
November 7, 2024 7:59 AM ESTBarclays analyst Felicia Hendrix reiterated an Overweight rating and $22.00 price target on PENN Entertainment Inc (NASDAQ: PENN).
The analyst comments "PENN reported $348m of adjusted EBITDAR, in line with preliminary results as announced at G2E. A range of digital stats were released in the quarterly... More
