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-0.000631113916061836 -0.000631113916061836 0.00126222783212367 0.000315556958030974 0.00284001262227832 0.00220889870621648 -0.00378668349637113 -0.0069422530766803
Stock impact report

PENN Entertainment (PENN) Shares Skyrocket, What You Need To Know [Yahoo! Finance]

Penn National Gaming, Inc. (PENN) 
Last penn national gaming, inc. earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
the afternoon session after an analyst upgrade from Stifel and a significant stock purchase by the company's CEO, Jay Snowden. The move followed an upgrade from Stifel analyst Jeffrey Stantial, who raised the rating on the stock to “buy” from “hold” and increased the price target to $21. Stantial noted that PENN's decision to end its sports betting partnership with ESPN early removed an “overhang” from the stock and would provide a tailwind for the company moving forward. The companies mutually agreed to end their partnership, with PENN planning to rebrand its U.S. online sports betting offering. Adding to the positive sentiment, CEO Jay Snowden bought 34,700 shares for a total of $496,938. Such a large purchase by a top executive was often viewed by investors as a strong signal of confidence in the company's future prospects. Is now the time to buy PENN Entertainment? Access our full analysis report here What Is The Market Telling Us PENN Entertainment's shares are very volat Show less Read more
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