Deutsche Bank analyst Carlo Santarelli lowered the firm’s price target on Penn Entertainment to $31 from $35 and keeps a Hold rating on the shares post the Q4 results. The firm is "struggling to identify the bull case" for the shares.
Published first on TheFly
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Read More on PENN:
- Penn Entertainment price target raised to $35 from $33 at Roth MKM
- Penn Entertainment reports Q4 EPS 13c, consensus 41c
- Penn Entertainment price target lowered to $45 from $48 at JMP Securities
- Penn Entertainment price target lowered to $36 from $40 at Truist
- Penn Entertainment downgraded to Hold at Jefferies as focus narrows
