Wells Fargo Upgrades PENN to Equal Weight, Target $16
February 27, 2026·about 5 hours ago·via GuruFocus
Wells Fargo upgrades PENN Entertainment from underweight to equal weight, raising its price target to $16 from $15, signaling a potential 9.29% upside from recent levels. The move follows PENN's strong Q4 results, with adjusted EPS of $0.07 beating expectations of a loss and revenue hitting $1.81 billion, up 8.2% year-over-year.
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