PENN News and Press, Penn National Gaming Inc. From 05/31/24

2024-05-31 10:15:04 ET Susquehanna analyst issues POSITIVE recommendation for PENN on May 31, 2024 08:43AM ET. The previous analyst recommendation was Positive. PENN was trading at $15.9 at issue of the analyst recommendation. The overall analyst consensus : BUY. Cur...

2024-05-31 10:00:22 ET Joseph Stauff from Susquehanna issued a price target of $26.00 for PENN on 2024-05-31 08:43:00. The adjusted price target was set to $26.00. At the time of the announcement, PENN was trading at $15.9177. The overall price target consensus is at $46...

2024-05-31 09:07:11 ET More on PENN Entertainment PENN Entertainment: ESPN Bet Slowly Heading In The Right Direction PENN Entertainment: ESPN Bet Delivers Painful Lessons - More Pain Ahead PENN Entertainment, Inc. (PENN) Q1 2024 Earnings Call Transcript Casin...

2024-05-28 09:00:00 ET Summary The US gambling industry generated over $54.9 billion in revenue in 2022 and is projected to grow at a compound annual growth rate of 10.5% through 2030. DraftKings is a pioneer in mobile gambling with strong brand recognition and has experienced sig...

2024-05-28 07:53:48 ET More on online sports betting stocks DraftKings: Market Leaders Never Come Cheap - Upgrade To A Buy DraftKings: Tailwinds On All Sides Flutter Entertainment plc (FLUT) Q1 2024 Earnings Call Transcript DraftKings is rumored to be looking...

2024-05-25 08:00:00 ET More on casino stocks DraftKings: Tailwinds On All Sides Caesars Entertainment: Closely Monitoring Tourism Statistics To Spot A Reversal MGM: Record Q1 Consolidated Revenue, Shares Undervalued DraftKings begins the integration of Jackpo...

2024-05-22 12:11:05 ET Summary With lower revenue and greater losses, PENN Entertainment's first quarter earnings were a disappointment for investors. However, during the quarter, I believe the company made some positive steps for better management of ESPN Bet. As the stock va...

2024-05-21 11:29:48 ET More on casino stocks PENN Entertainment: ESPN Bet Delivers Painful Lessons - More Pain Ahead Caesars Entertainment: Closely Monitoring Tourism Statistics To Spot A Reversal 1 Main Capital - Caesars Entertainment: Digital Profitability Should D...

2024-05-20 19:30:03 ET Raymond James analyst issues OUTPERFORM recommendation for PENN on May 20, 2024 04:30PM ET. PENN was trading at $16.27 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analyst recommendations are : 16 - Buy, 6 - ...

2024-05-18 09:00:00 ET Summary PENN has unfortunately underperformed expectations with the stock declining by -32%, well behind the wider market at +20% since the launch of ESPN Bet. It is apparent by now that the management's expectations for ESPN Bet has not played out, as losse...