2024.07.05
casino queen hotelIn early September, he didn’t even cover the company. In early September, he didn’t even cover the company. (Image: Twitter)In a note to clients today, McTernan lifts his price target on the casino operator to 5 from , good for the highest estimate on Wall Street. palace station casino ownerHis bullish view on the stock extends a multi-month run in which Penn has become the toast of the analyst community among gaming equities. In early September, he didn’t even cover the company. By 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. vegas x online casino login morongo casino free drinksonline casino fanduelRosenblatt Securities analyst Bernie McTernan is boosting his price forecast, helborgata pa online casino app downloadping the shares to modest gains in early trading. But that forecast may need to move higher, because the shares are flirting with at this writing.Fundamentals Backstop Bullish ThesisRosenblatt’s McTernan is bullish on Penn due in part to sports wagering expansion. When several still-pending purchases are finalized, including the aforementioned MontBleu, the operator will control 14 gaming venues in 10 states.Eldorado Shreveport will, at some point next year, likely bear the Bally’s name, as the company is in the process of rebranding all of its venues with that mark. encore casino hours today(Image: NBC News)Citing reopenings that commenced in the second quarter, the research firm says sequential earnings before interest, taxes, depreciation and amortization (EBITDA) growth When several still-pending purchases are finalized, including the aforementioned MontBleu, the operator will control 14 gaming venues in 10 states.Eldorado Shreveport will, at some point next year, likely bear the Bally’s name, as the company is in the process of rebranding all of its venues with that mark. Rather, it’s growing, as highlighted by Penn stock tacking on 15.20 percent over the past week and 37 percent over the past month.Last week, Bank of America analyst Shaun Kelley said Penn has upside potential to 1. brian christopher slots 1 day ago is seneca niagara casino open yet1mybet casino no deposit bonus codeBally’s on the Las Vegas Strip is operated by Caesars and isn’t part of the “new Bally’s” portfolio.Familiar PartnersIn Bally’s, the old ERI/new Caesars has developed a steady relationship when it comes to off-loading properties,, and it’s a win-win. Rather, it’s growing, as highlighted by Penn stock tacking on 15.20 percent over the past week and 37 percent over the past month.Last week, Bank of America analyst Shaun Kelley said Penn has upside potential to 1. The Barstool Sportsbook at Greektown Casino in Detroit. 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. (Image: NBC News)Citing reopenings that commenced in the second quarter, the research firm says sequential earnings before interest, taxes, depreciation and amortization (EBITDA) growth By 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. harrington casino online poker free slots vegas casino |