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Citigroup Has Lowered Expectations for PENN Entertainment (NASDAQ:PENN) Stock Price - MarketBeat

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PENN Entertainment (NASDAQ:PENN - Get Free Report) had its price target dropped by analysts at Citigroup from $22.00 to $17.00 in a research note issued on Monday, Benzinga reports. The brokerage presently has a "neutral" rating on the stock. Citigroup's target price suggests a potential upside of 10.39% from the company's current price. Did Promo Spending Actually Win Back Bettors for These 3 Gambling Stocks? A number of other analysts have also issued reports on PENN. Mizuho set a $28.00 target price on PENN Entertainment in a research report on Friday, August 7th. Zacks Research lowered PENN Entertainment from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 11th. Truist Financial lifted their price objective on PENN Entertainment from $20.00 to $25.00 and gave the company a "buy" rating in a research note on Friday, June 26th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of PENN Entertainment in a research note on Monday, September 21st.

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