encore casino videoBy the end of that month, McTernan lifted his price target on the shares to .Momentum Building for Penn StockThe operator of casinos under the Argosy and Hollywood brands, among others, epitomizes a 2020 rags-to-riches story in the gaming space.At the height of the coronavirus crisis, Penn stock slumped below , with some in the investment community pondering the company’s ability to survive. His bullish view on the stock extends a multi-month run in which Penn has become the toast of the analyst community among gaming equities. Rosenblatt Securities analyst Bernie McTernan is boosting his price forecast, helborgata pa online casino app downloadping the shares to modest gains in early trading. slot machine free slot machinesWall Street prefers regional operators to those with heavy Las Vegas footprints, because the former aren’t levered to business travel and convention trends on par with Sin City.McTernan’s price estimate on Penn stock, which is the highest on Wall Street, implies upside of 20.1 percent from the Dec. Another Barstool sports betting venue will open at Ameristar East Chicago Casino & Hotel on Christmas Eve.Additionally, the analyst sees “continued recovery at regional casinos, helped by the rollout of the vaccine, supporting Penn stock. In lifting his projection on the name, the analyst cites the familiar factors of state-level proliferation of online casinos and sports betting.Market share in new state launches, as the Barstool sportsbook app will be at the same starting line as competitors. 4 king slots casino

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