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Deutsche Bank sees upside for Penn National Gaming

Apr. 27, 2017 1:53 PM ETPENN Entertainment, Inc. (PENN) StockBy: Clark Schultz, SA News Editor1 Comment
  • Deutsche Bank backs its positive view on Penn National Gaming (NASDAQ:PENN -2.7%) amid a post-earnings slide.
  • Analyst Carlo Santarelli says the weakness "makes little sense" after the casino operator's results showed some promise (adjusted EBITDA +6% Y/Y to $222M).
  • DB rates Penn at Buy and has a $22 price target assigned. The 52-week high on Penn is $19.13.

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