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Penn National Gaming Upgraded to Buy at Jefferies on Recent Weakness

05/18/2022

Less than a minute

2022.05.18 17:37

Penn National Gaming Upgraded to Buy at Jefferies on Recent Weakness
Penn National Gaming (PENN) Upgraded to Buy at Jefferies on Recent Weakness

Jefferies analyst David Katz upgraded shares of Penn National Gaming (NASDAQ:PENN) to Buy from Hold with a $49.00 per share price target.

The basis for the upgrade call lies in the recent weakness, said Katz, with the current valuation comfortably reflecting “the stable cash generation of the land-based casino business (

05/18/2022

Less than a minute

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