casino royale(Image: Twitter)In a note to clients today, Deutsche Bank analyst Carlo Santarelli pared his rating on shares of the Ameristar operator to “sell” from “hold,” while lifting his price target on the name to from .But in this case, Santarelli’s projection is 40 percent below where Penn stock closed on June 5.Three Pennsylvania casinos are reopening this week that are located in counties in the “green phase” of Governor Tom Wolf’s (D) reopening plan.online slots win real money free spinsRestrictions in PlacePennsylvania has more than 80,000 COVID-19 cases and some 6,000 deaths.Penn operates 41 casinos in 19 states, including some where gaming taxes are considered high, including Illinois and Pennsylvania.Even with a loss of almost four percent at this writing Monday, shares of Penn more than doubled over the past month and are up more than nine-fold from the March lows.is fanduel casino real money

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casino near me with buffet“In our view, the biggest risk to our call is the near term and a rising equity market, which is embracing story/concept stocks,” he said.“In our view, the biggest risk to our call is the near term and a rising equity market, which is embracing story/concept stocks,” he said.(Image: Twitter)In a note to clients today, Deutsche Bank analyst Carlo Santarelli pared his rating on shares of the Ameristar operator to “sell” from “hold,” while lifting his price target on the name to from .seminole casino fireworks 2020That ranks the Keystone State as the sixth-most-infected coronavirus state.“In our view, the biggest risk to our call is the near term and a rising equity market, which is embracing story/concept stocks,” he said.Three Pennsylvania casinos are reopening this week that are located in counties in the “green phase” of Governor Tom Wolf’s (D) reopening plan.pictures of turtle creek casino

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boomtown casino in shreveport louisianaRestrictions in PlacePennsylvania has more than 80,000 COVID-19 cases and some 6,000 deaths.gov)All 12 land-based casinos in Pennsylvania have been shuttered since March 16, as Wolf ordered all nonessential businesses to close.Santarelli says Penn’s iGaming and sports betting business are worth .Penn owns 36 percent of the sports media property.Admittedly a Contrarian CallWhile noting Penn stock is “stretched” on valuation and that near-term risk/reward prospects for the name are “skewed unfavorably,” Santarelli acknowledges the “sell” rating runs counter to current consensus on the gaming name.(Image: Twitter)In a note to clients today, Deutsche Bank analyst Carlo Santarelli pared his rating on shares of the Ameristar operator to “sell” from “hold,” while lifting his price target on the name to from .jackson rancheria casino directions