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Fly News Breaks for December 18, 2017
PNK, PENN
Dec 18, 2017 | 12:47 EDT
Stifel analyst Steven Wieczynski raised his price target for Penn National Gaming (PENN) to $33 saying the company's planned acquisition of Pinnacle Entertainment (PNK) "makes total sense." Based on the pro-forma combined company and assuming $100M in synergies, the analyst believes the new Penn is worth $33-$37 per share. Wieczynski keeps a Buy rating on Penn National shares.
News For PENN;PNK From the Last 2 Days
PENN
Apr 26, 2024 | 16:06 EDT
Welcome to the latest edition of "Bet On It," where The Fly looks at news and activity in the sports betting and iGaming space. SECTOR NEWS: Nevada... To see the rest of the story go to thefly.com. See Story Here