Penn Entertainment beats profit estimates on rising demand for sports betting
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Penn National Gaming (PENN) Menioned Positively at Roth/MKM: 'Major Upside Potential'
August 10, 2023 7:22 AM EDTRoth/MKM analyst Edward Engel reiterated a Buy rating and $38.00 price target on Penn National Gaming (NASDAQ: PENN).
The analyst comments "We believe PENN's legacy land-based business is worth $19/share, which assumes a 13% yield on PENN's normalized land-based FCF of $400M. At... More
