Truist analyst Barry Jonas raised the firm’s price target on Penn Entertainment to $27 from $25 and keeps a Hold rating on the shares. After the successful launch of ESPN Bet in mid-November, the firm is “excited” to see the full ESPN/ESPN Bet capabilities, which should be launching early this year, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on PENN:
- Penn Entertainment price target raised to $23 from $22 at Morgan Stanley
- Bet On It: NASCAR pacts facilitate sports betting operations in Tar Heel State
- Penn National call volume above normal and directionally bullish
- Bet On It: Penn shareholder seeks board representation
- PENN Entertainment (NASDAQ:PENN) Soars after Top Investor Seeks Board Seats
