Penn National Gaming Inc. (NASDAQ:PENN) Stock is trading Lower -42.97% From 200-Day SMA

Jefferies raised the price target for the Penn National Gaming Inc. (NASDAQ:PENN) stock from ‘a Hold’ to ‘a Buy’. The rating was released on May 18, 2023, according to finviz. We previously noted in another research note published on April 25, 2023 by Morgan Stanley that upgraded the stock from an Equal-weight to an Overweight with a price target of $51 for PENN stock. The research report from Susquehanna has upgraded the stock from Neutral to Positive, with a price target set at $65. The stock was upgraded by Loop Capital, who disclosed in a research note on February 04, 2023, from Sell to Hold and set the price objective to $49.