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Fly News Breaks for April 27, 2017
PENN
Apr 27, 2017 | 12:51 EDT
Deutsche Bank analyst Carlo Santarelli says today's post-earnings selloff in shares of Penn National Gaming "makes little sense." He views the company's earnings report as solid and attributes the share weakness to "trading oriented positioning." The analyst sees 20% upside from current levels and recommends buying Penn shares. Santarelli has a Buy rating on the name with a $22 price target.