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Morgan Stanley Forecasts Strong Price Appreciation for PENN Entertainment (NASDAQ:PENN) Stock
['Shane Hupp']
Ticker Report
PENN Entertainment (NASDAQ:PENN – Get Free Report) had its price target increased by analysts at Morgan Stanley from $19.00 to $20.00 in a note issued to investors on Wednesday,Benzinga reports.
Morgan Stanley’s price target would indicate a potential upside of 4.47% from the company’s previous close.
Get PENN Entertainment alerts:Get Our Latest Stock Analysis on PENN EntertainmentPENN Entertainment Stock PerformancePENN traded up $0.01 during midday trading on Wednesday, reaching $19.14.
On average, sell-side analysts expect that PENN Entertainment will post 1.36 earnings per share for the current fiscal year.
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