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Fly News Breaks for January 17, 2019
PENN
Jan 17, 2019 | 07:13 EDT
Nomura Instinet analyst Harry Curtis upgraded Penn National Gaming to Buy with a $30 price target. With the stock down 26% over the last 12 months, the analyst sees "key catalysts" in the form of positive estimate revisions, free cash generation of approximately $3.10 per share this year and $4.50 next, as well as both leverage reduction and share repurchases.
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