http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Thu, 20 Aug 2026 08:51:19 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Analyst+PT+Change/PENN+Entertainment+%28PENN%29+PT+Raised+to+%2412+at+Morgan+Stanley/26953658.html Morgan Stanley analyst Stephen Grambling raised the price target on PENN Entertainment (NASDAQ: PENN) to $12.00 (from $11.00) while maintaining a Equalweight rating. http://www.streetinsider.com/Analyst+PT+Change/PENN+Entertainment+%28PENN%29+PT+Raised+to+%2412+at+Morgan+Stanley/26953658.html Thu, 20 Aug 2026 08:51:19 -0400 PENN http://www.streetinsider.com/Analyst+Comments/PENN+Entertainment+%28PENN%29+Reiterated+at+Market+Outperform+by+Citizens+as+Relocation+Announced/26939653.html <p>Citizens analyst Jordan Bender reiterated a Market Outperform rating and $26.00 price target on PENN Entertainment (NASDAQ: PENN). </p><p>The analyst commented, "PENN announced plans today to relocate its Boomtown riverboat casino in New Orleans, LA to a land-based property. The announcement of an incremental project was somewhat telegraphed on its 2Q26 earnings call, but the property and scope were not known until today. PENN plans to invest ~$195M into a 140K-square-foot development with 875 slot machines, 45 table games, a retail sportsbook, and dining options, with the new property expected to open in 2029. The project aligns with previous messaging http://www.streetinsider.com/Analyst+Comments/PENN+Entertainment+%28PENN%29+Reiterated+at+Market+Outperform+by+Citizens+as+Relocation+Announced/26939653.html Tue, 18 Aug 2026 04:17:22 -0400 PENN http://www.streetinsider.com/Corporate+News/Penn+Entertainment+plans+%24195M+New+Orleans+casino+relocation/26936110.html <p>Penn Entertainment (Nasdaq: PENN) announced plans to invest approximately $195 million to relocate its Boomtown Casino & Hotel New Orleans riverboat operations to a new landside property in Jefferson Parish, Louisiana, pending regulatory approval.</p><p>The new facility, to be rebranded as Hollywood Casino New Orleans, is expected to open in 2029. Plans call for roughly 140,000 square feet of new development, approximately 875 slot machines, 45 table games, a retail sportsbook, and multiple dining options. The existing riverboat would be vacated upon the new property's opening, while the current hotel is expected to remain open.</p><p>Penn Entertainment said it plans to finance http://www.streetinsider.com/Corporate+News/Penn+Entertainment+plans+%24195M+New+Orleans+casino+relocation/26936110.html Mon, 17 Aug 2026 10:00:29 -0400 PENN http://www.streetinsider.com/Press+Releases/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html <p> WYOMISSING, Pa. &amp; JEFFERSON PARISH, La.--(BUSINESS WIRE)-- PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today announced plans to invest approximately $195 million to relocate its Boomtown Casino &amp; Hotel New Orleans riverboat casino operations to a new landside property on adjacent land and rebrand the property as Hollywood Casino New Orleans, pending regulatory approval. </p><p> If approved, Hollywood Casino New Orleans is expected to open in 2029 and will include roughly 140,000 square feet of new development, approximately 875 slot machines, 45 table games, a retail sportsbook, and multiple dining options. The existing riverboat will be vacated http://www.streetinsider.com/Press+Releases/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html Mon, 17 Aug 2026 10:00:00 -0400 A.50215196 O.00076128 O.40861539 PENN http://www.streetinsider.com/Press+Releases/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html <p> WYOMISSING, Pa. &amp; JEFFERSON PARISH, La.--(BUSINESS WIRE)-- PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today announced plans to invest approximately $195 million to relocate its Boomtown Casino &amp; Hotel New Orleans riverboat casino operations to a new landside property on adjacent land and rebrand the property as Hollywood Casino New Orleans, pending regulatory approval. </p><p> If approved, Hollywood Casino New Orleans is expected to open in 2029 and will include roughly 140,000 square feet of new development, approximately 875 slot machines, 45 table games, a retail sportsbook, and multiple dining options. The existing riverboat will be vacated http://www.streetinsider.com/Press+Releases/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html Mon, 17 Aug 2026 10:00:00 -0400 A.50215196 O.00076128 O.40861539 PENN http://www.streetinsider.com/Press+Releases/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html <p> WYOMISSING, Pa. &amp; JEFFERSON PARISH, La.--(BUSINESS WIRE)-- PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today announced plans to invest approximately $195 million to relocate its Boomtown Casino &amp; Hotel New Orleans riverboat casino operations to a new landside property on adjacent land and rebrand the property as Hollywood Casino New Orleans, pending regulatory approval. </p><p> If approved, Hollywood Casino New Orleans is expected to open in 2029 and will include roughly 140,000 square feet of new development, approximately 875 slot machines, 45 table games, a retail sportsbook, and multiple dining options. The existing riverboat will be vacated http://www.streetinsider.com/Press+Releases/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html Mon, 17 Aug 2026 10:00:00 -0400 A.50215196 O.00076128 O.40861539 PENN http://www.streetinsider.com/Press+Releases/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html <p> WYOMISSING, Pa. &amp; JEFFERSON PARISH, La.--(BUSINESS WIRE)-- PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today announced plans to invest approximately $195 million to relocate its Boomtown Casino &amp; Hotel New Orleans riverboat casino operations to a new landside property on adjacent land and rebrand the property as Hollywood Casino New Orleans, pending regulatory approval. </p><p> If approved, Hollywood Casino New Orleans is expected to open in 2029 and will include roughly 140,000 square feet of new development, approximately 875 slot machines, 45 table games, a retail sportsbook, and multiple dining options. The existing riverboat will be vacated http://www.streetinsider.com/Press+Releases/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html Mon, 17 Aug 2026 10:00:00 -0400 A.50215196 O.00076128 O.40861539 PENN http://www.streetinsider.com/Business+Wire/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html <p> WYOMISSING, Pa. &amp; JEFFERSON PARISH, La.--(BUSINESS WIRE)-- PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today announced plans to invest approximately $195 million to relocate its Boomtown Casino &amp; Hotel New Orleans riverboat casino operations to a new landside property on adjacent land and rebrand the property as Hollywood Casino New Orleans, pending regulatory approval. </p><p> If approved, Hollywood Casino New Orleans is expected to open in 2029 and will include roughly 140,000 square feet of new development, approximately 875 slot machines, 45 table games, a retail sportsbook, and multiple dining options. The existing riverboat will be vacated http://www.streetinsider.com/Business+Wire/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html Mon, 17 Aug 2026 10:00:00 -0400 A.50215196 O.00076128 O.40861539 PENN http://www.streetinsider.com/Business+Wire/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html <p> WYOMISSING, Pa. &amp; JEFFERSON PARISH, La.--(BUSINESS WIRE)-- PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today announced plans to invest approximately $195 million to relocate its Boomtown Casino &amp; Hotel New Orleans riverboat casino operations to a new landside property on adjacent land and rebrand the property as Hollywood Casino New Orleans, pending regulatory approval. </p><p> If approved, Hollywood Casino New Orleans is expected to open in 2029 and will include roughly 140,000 square feet of new development, approximately 875 slot machines, 45 table games, a retail sportsbook, and multiple dining options. The existing riverboat will be vacated http://www.streetinsider.com/Business+Wire/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html Mon, 17 Aug 2026 10:00:00 -0400 A.50215196 O.00076128 O.40861539 PENN http://www.streetinsider.com/Business+Wire/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html <p> WYOMISSING, Pa. &amp; JEFFERSON PARISH, La.--(BUSINESS WIRE)-- PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today announced plans to invest approximately $195 million to relocate its Boomtown Casino &amp; Hotel New Orleans riverboat casino operations to a new landside property on adjacent land and rebrand the property as Hollywood Casino New Orleans, pending regulatory approval. </p><p> If approved, Hollywood Casino New Orleans is expected to open in 2029 and will include roughly 140,000 square feet of new development, approximately 875 slot machines, 45 table games, a retail sportsbook, and multiple dining options. The existing riverboat will be vacated http://www.streetinsider.com/Business+Wire/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html Mon, 17 Aug 2026 10:00:00 -0400 A.50215196 O.00076128 O.40861539 PENN http://www.streetinsider.com/Business+Wire/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html <p> WYOMISSING, Pa. &amp; JEFFERSON PARISH, La.--(BUSINESS WIRE)-- PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today announced plans to invest approximately $195 million to relocate its Boomtown Casino &amp; Hotel New Orleans riverboat casino operations to a new landside property on adjacent land and rebrand the property as Hollywood Casino New Orleans, pending regulatory approval. </p><p> If approved, Hollywood Casino New Orleans is expected to open in 2029 and will include roughly 140,000 square feet of new development, approximately 875 slot machines, 45 table games, a retail sportsbook, and multiple dining options. The existing riverboat will be vacated http://www.streetinsider.com/Business+Wire/PENN+Entertainment+Announces+Plans+to+Relocate+Boomtown+Casino+New+Orleans+Riverboat+and+Construct+New+%24195+Million+Landside+Hollywood+Casino+New+Orleans/26936086.html Mon, 17 Aug 2026 10:00:00 -0400 A.50215196 O.00076128 O.40861539 PENN http://www.streetinsider.com/SEC+Filings/Form++SCHEDULE+13G++PENN+Entertainment%2C+Inc.+++++++++++++++Filed+by%3A+AQR+CAPITAL+MANAGEMENT+LLC/26911409.html si-local-file:///var/storage/secattach/20260812/26911409.html http://www.streetinsider.com/SEC+Filings/Form++SCHEDULE+13G++PENN+Entertainment%2C+Inc.+++++++++++++++Filed+by%3A+AQR+CAPITAL+MANAGEMENT+LLC/26911409.html Wed, 12 Aug 2026 12:33:00 -0400 O.00076128 PENN http://www.streetinsider.com/SEC+Filings/Form++SCHEDULE+13G++PENN+Entertainment%2C+Inc.+++++++++++++++Filed+by%3A+AQR+CAPITAL+MANAGEMENT+LLC/26911409.html si-local-file:///var/storage/secattach/20260812/26911409.html http://www.streetinsider.com/SEC+Filings/Form++SCHEDULE+13G++PENN+Entertainment%2C+Inc.+++++++++++++++Filed+by%3A+AQR+CAPITAL+MANAGEMENT+LLC/26911409.html Wed, 12 Aug 2026 12:33:00 -0400 O.00076128 PENN http://www.streetinsider.com/Analyst+PT+Change/PENN+Entertainment+%28PENN%29+PT+Raised+to+%2420+at+Morgan+Stanley/26909322.html Morgan Stanley analyst Stephen Grambling raised the price target on PENN Entertainment (NASDAQ: PENN) to $20.00 (from $19.00) while maintaining a Equalweight rating. http://www.streetinsider.com/Analyst+PT+Change/PENN+Entertainment+%28PENN%29+PT+Raised+to+%2420+at+Morgan+Stanley/26909322.html Wed, 12 Aug 2026 08:12:24 -0400 PENN http://www.streetinsider.com/SEC+Filings/Form++4++++++++++PENN+Entertainment%2C+Inc.++For%3A+Aug+08++Filed+by%3A+Hartnett+Johnny/26906829.html si-local-file:///var/storage/secattach/20260811/26906829.html http://www.streetinsider.com/SEC+Filings/Form++4++++++++++PENN+Entertainment%2C+Inc.++For%3A+Aug+08++Filed+by%3A+Hartnett+Johnny/26906829.html Tue, 11 Aug 2026 16:59:00 -0400 O.00076128 PENN http://www.streetinsider.com/SEC+Filings/Form++4++++++++++PENN+Entertainment%2C+Inc.++For%3A+Aug+08++Filed+by%3A+Hartnett+Johnny/26906829.html si-local-file:///var/storage/secattach/20260811/26906829.html http://www.streetinsider.com/SEC+Filings/Form++4++++++++++PENN+Entertainment%2C+Inc.++For%3A+Aug+08++Filed+by%3A+Hartnett+Johnny/26906829.html Tue, 11 Aug 2026 16:59:00 -0400 O.00076128 PENN http://www.streetinsider.com/SEC+Filings/Form++S-8++++++++PENN+Entertainment%2C+Inc.+++++++++++++/26898161.html si-local-file:///var/storage/secattach/20260810/26898161.html http://www.streetinsider.com/SEC+Filings/Form++S-8++++++++PENN+Entertainment%2C+Inc.+++++++++++++/26898161.html Mon, 10 Aug 2026 16:16:00 -0400 O.00076128 PENN http://www.streetinsider.com/SEC+Filings/Form++S-8++++++++PENN+Entertainment%2C+Inc.+++++++++++++/26898161.html si-local-file:///var/storage/secattach/20260810/26898161.html http://www.streetinsider.com/SEC+Filings/Form++S-8++++++++PENN+Entertainment%2C+Inc.+++++++++++++/26898161.html Mon, 10 Aug 2026 16:16:00 -0400 O.00076128 PENN http://www.streetinsider.com/Analyst+PT+Change/PENN+Entertainment+%28PENN%29+PT+Raised+to+%2422+at+Benchmark/26889079.html Benchmark analyst Mike Hickey raised the price target on PENN Entertainment (NASDAQ: PENN) to $22.00 (from $21.00) while maintaining a Buy rating. http://www.streetinsider.com/Analyst+PT+Change/PENN+Entertainment+%28PENN%29+PT+Raised+to+%2422+at+Benchmark/26889079.html Fri, 07 Aug 2026 10:42:12 -0400 PENN http://www.streetinsider.com/Analyst+PT+Change/PENN+Entertainment+%28PENN%29+PT+Raised+to+%2428+at+Mizuho/26886638.html <p>Mizuho analyst Ben Chaiken raised the price target on PENN Entertainment (NASDAQ: PENN) to $28.00 (from $25.00) while maintaining a Outperform rating.</p><p>The analyst comments "Solid Quarter, 2Q retail better than expected, 2H outlook clean. Retail Segment: 2Q26 retail revenue of $1,505.6m (+4% YoY), and EBITDA of $517.2m (+5.6% YoY) were both better than expectations. Additionally, same-store-sales were +2% with EBITDA of +4%, with broad based strength across the portfolio that also continued in July. Key Points Retail EBITDA is now expected to be ~$1,963 at the midpoint (+$31m from previous guide), with 2H growth +4% revenue/+6% EBITDA (vs our prior http://www.streetinsider.com/Analyst+PT+Change/PENN+Entertainment+%28PENN%29+PT+Raised+to+%2428+at+Mizuho/26886638.html Fri, 07 Aug 2026 05:44:15 -0400 PENN http://www.streetinsider.com/Analyst+Comments/PENN+Entertainment+%28PENN%29+PT+Raised+to+%2428+at+Mizuho/26886638.html <p>Mizuho analyst Ben Chaiken raised the price target on PENN Entertainment (NASDAQ: PENN) to $28.00 (from $25.00) while maintaining a Outperform rating.</p><p>The analyst comments "Solid Quarter, 2Q retail better than expected, 2H outlook clean. Retail Segment: 2Q26 retail revenue of $1,505.6m (+4% YoY), and EBITDA of $517.2m (+5.6% YoY) were both better than expectations. Additionally, same-store-sales were +2% with EBITDA of +4%, with broad based strength across the portfolio that also continued in July. Key Points Retail EBITDA is now expected to be ~$1,963 at the midpoint (+$31m from previous guide), with 2H growth +4% revenue/+6% EBITDA (vs our prior http://www.streetinsider.com/Analyst+Comments/PENN+Entertainment+%28PENN%29+PT+Raised+to+%2428+at+Mizuho/26886638.html Fri, 07 Aug 2026 05:44:15 -0400 PENN http://www.streetinsider.com/Analyst+PT+Change/PENN+Entertainment+%28PENN%29+PT+Raised+to+%2422+at+Jefferies/26886637.html <p>Jefferies analyst David Katz raised the price target on PENN Entertainment (NASDAQ: PENN) to $22.00 (from $20.00) while maintaining a Hold rating.</p><p>The analyst comments "We credit PENN's ability to continue growing land-based same-store sales and successfully ramp recent capital projects, though 2H guidance implies growth consistent with 2Q levels. Operating execution in Interactive also deserves recognition, but we believe the first wave of cost cuts was easier to capture than the next, with competitive and volatile football season ahead, thus our estimates remain below guidance and the Street. We reiterate our Hold rating."</p> http://www.streetinsider.com/Analyst+PT+Change/PENN+Entertainment+%28PENN%29+PT+Raised+to+%2422+at+Jefferies/26886637.html Fri, 07 Aug 2026 05:43:50 -0400 PENN http://www.streetinsider.com/Analyst+Comments/PENN+Entertainment+%28PENN%29+PT+Raised+to+%2422+at+Jefferies/26886637.html <p>Jefferies analyst David Katz raised the price target on PENN Entertainment (NASDAQ: PENN) to $22.00 (from $20.00) while maintaining a Hold rating.</p><p>The analyst comments "We credit PENN's ability to continue growing land-based same-store sales and successfully ramp recent capital projects, though 2H guidance implies growth consistent with 2Q levels. Operating execution in Interactive also deserves recognition, but we believe the first wave of cost cuts was easier to capture than the next, with competitive and volatile football season ahead, thus our estimates remain below guidance and the Street. We reiterate our Hold rating."</p> http://www.streetinsider.com/Analyst+Comments/PENN+Entertainment+%28PENN%29+PT+Raised+to+%2422+at+Jefferies/26886637.html Fri, 07 Aug 2026 05:43:50 -0400 PENN http://www.streetinsider.com/Analyst+Comments/Barclays%3A+%27we+see+PENN%27s+positive+earnings+revision+cycle+intact%27/26886634.html <p>Barclays analyst Felicia Hendrix reiterated an Overweight rating and $26.00 price target on PENN Entertainment (NASDAQ: PENN).</p><p>The analyst comments "In short, with further upside potential on Retail and stable/achievable Digital expectations, we see PENN's positive earnings revision cycle intact, while the regional casino transaction market is bound to pick up, in our view, which should provide price discovery on OpCo casino assets more broadly, with the read-through likely being supportive of PENN's current equity valuation. We remain OW. "</p><p>For an analyst ratings summary and ratings history on PENN Entertainment <a href="http://www.streetinsider.com/rating_history.php?q=PENN">click here</a>. For more ratings news on PENN Entertainment http://www.streetinsider.com/Analyst+Comments/Barclays%3A+%27we+see+PENN%27s+positive+earnings+revision+cycle+intact%27/26886634.html Fri, 07 Aug 2026 05:40:25 -0400 PENN http://www.streetinsider.com/Hot+Comments/Barclays%3A+%27we+see+PENN%27s+positive+earnings+revision+cycle+intact%27/26886634.html <p>Barclays analyst Felicia Hendrix reiterated an Overweight rating and $26.00 price target on PENN Entertainment (NASDAQ: PENN).</p><p>The analyst comments "In short, with further upside potential on Retail and stable/achievable Digital expectations, we see PENN's positive earnings revision cycle intact, while the regional casino transaction market is bound to pick up, in our view, which should provide price discovery on OpCo casino assets more broadly, with the read-through likely being supportive of PENN's current equity valuation. We remain OW. "</p><p>For an analyst ratings summary and ratings history on PENN Entertainment <a href="http://www.streetinsider.com/rating_history.php?q=PENN">click here</a>. For more ratings news on PENN Entertainment http://www.streetinsider.com/Hot+Comments/Barclays%3A+%27we+see+PENN%27s+positive+earnings+revision+cycle+intact%27/26886634.html Fri, 07 Aug 2026 05:40:25 -0400 PENN