KeyBanc Capital Markets upgraded Penn National Gaming PENN to a Buy rating and established Penn National Gaming's price target at $47 in a research report published today.
In the report, KeyBanc Capital Markets states, "We continue to consider PENN the "best in breed" in the regional gaming area and believe that after a five-month breather, the shares are ready to outperform."
Shares of Penn National Gaming were trading at $39.74 at the time of posting, up 6.43% from Wednesday's market close.
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