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Fly News Breaks for April 8, 2016
PNK
Apr 8, 2016 | 08:58 EDT
Barclays analyst Felicia Hendrix upgraded Pinnacle Entertainment (PNK) to Overweight with a $41 price target. The analyst believes shares are mispriced relative to other regional gaming operators ahead of the sale leaseback of the company's real estate to Gaming and Leisure Properties (GLPI) and recommends taking advantage of the situation. Hendrix raised Pinnacle's price target to $41 from $34 on shares.
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