PENN Entertainment Reports Third Quarter Results

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Go back to PENN Entertainment Reports Third Quarter Results

Canaccord Genuity Reiterates Buy Rating on PENN Entertainment Inc (PENN)

November 7, 2024 4:10 PM EST

Canaccord Genuity analyst Jason Tilchen reiterated a Buy rating and $28.00 price target on PENN Entertainment Inc (NASDAQ: PENN)

The analyst comments "PENN reported mixed Q3 results, with several headwinds impacting the company's land-based properties and a narrower loss for the Interactive segment. Consumer spending at PENNs regional casinos remained stable, although increased... More

Truist Securities Reiterates Buy Rating on PENN Entertainment Inc (PENN)

November 7, 2024 4:02 PM EST

Truist Securities analyst Barry Jonas reiterated a Buy rating and $23.00 price target on PENN Entertainment Inc (NASDAQ: PENN).

The analyst comments "PENN reported an in-line Q3 following the company's pre-release at G2E Investor Day. Land-based remains stable, with M/M... More

Morgan Stanley Reiterates Equalweight Rating on PENN Entertainment Inc (PENN)

November 7, 2024 8:05 AM EST

Morgan Stanley analyst Stephen Grambling reiterated an Equalweight rating and $19.00 price target on PENN Entertainment Inc (NASDAQ: PENN)

The analyst comments "PENN's 3Q24 results were in-line with pre-announced expectations, which included deteriorating retail segment results but better cost control in digital. 4Q was... More

Barclays Reiterates Overweight Rating on PENN Entertainment Inc (PENN)

November 7, 2024 7:59 AM EST

Barclays analyst Felicia Hendrix reiterated an Overweight rating and $22.00 price target on PENN Entertainment Inc (NASDAQ: PENN).

The analyst comments "PENN reported $348m of adjusted EBITDAR, in line with preliminary results as announced at G2E. A range of digital stats were released in the quarterly... More