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Analysts’ Top Services Picks: Penn National Gaming (PENN)

There’s a lot to be optimistic about in the Services sector as 1 analysts just weighed in on and Penn National Gaming (PENNResearch Report) with bullish sentiments.

Penn National Gaming (PENN)

Penn National Gaming received a Buy rating and a $65.00 price target from Berenberg Bank analyst Zachary Silverberg on April 20. The company’s shares closed last Tuesday at $36.69, close to its 52-week low of $35.70.

According to TipRanks.com, Silverberg has 0 stars on 0-5 stars ranking scale with an average return of -19.4% and a 0.0% success rate. Silverberg covers the Services sector, focusing on stocks such as International Game Technology, Scientific Games, and Churchill Downs.

Currently, the analyst consensus on Penn National Gaming is a Strong Buy with an average price target of $62.88, implying a 65.7% upside from current levels. In a report issued on April 18, Bank of America Securities also maintained a Buy rating on the stock with a $50.00 price target.

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