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Fly News Breaks for June 2, 2016
PENN
Jun 2, 2016 | 08:04 EDT
As previously reported, Morgan Stanley upgraded Penn National to Equal Weight from Underweight. Analyst Thomas Allen said survey results suggest further improvement in US gaming and raised estimate to in line with company guidance and increased its price target to $16 from $15. Allen views Penn National's risk/reward as more balanced.
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