PENN Entertainment (PENN) News Today

PENN Entertainment, Inc. (NASDAQ:PENN) stock has seen mixed analyst activity and investor interest today, driven by new price targets, a feature in an esports stock screener, and recent share weakness.

• Positive Sentiment: Stifel Nicolaus raised its price target on PENN from $17.00 to $19.00 and maintained a “hold” rating, implying roughly 6.6% upside. Stifel Nicolaus Report
• Neutral Sentiment: PENN Entertainment was named one of three esports stocks to watch today by MarketBeat’s screener, alongside GameSquare and Madison Square Garden. Top Esports Stocks To Follow Today - July 11th
• Neutral Sentiment: July short-interest data showed an uptick in reported figures for PENN, though totals remain at zero shares and yield a days-to-cover ratio of 0.0 days due to reporting anomalies.
• Negative Sentiment: Morgan Stanley bumped its price objective from $16.00 to $17.00 but kept an “equal weight” rating, suggesting about a 4.7% downside from recent levels. Morgan Stanley Price Target Revision
• Negative Sentiment: An article highlighted a 4.5% drop in PENN shares and posed the question of whether it’s time to sell, underscoring recent investor caution. Shares Down 4.5% - Time to Sell?

Investors should balance the upside potential from Stifel Nicolaus’s optimistic forecast against Morgan Stanley’s more cautious stance and recent share declines when considering their positions in PENN.