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nugget casino reno buffetPenn National Gaming’s (NASDAQ:PENN) scintillating redemption story hit a stumbling block Monday, as an analyst tagged the gaming stock with a “sell” rating and a price forecast that implies significant downside from current levels.“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.”Not All Bad NewsSantarelrunning aces casino numberli also acknowledges that there is some risk in assigning a bearish mark to Penn at a time when the broader market is strong and investors are embracing “story” stocks.casino extreme sign up bonusBarstool Sports founder David Portnoy is none-too-pleased with analyst Carlo Santarelli’s call on Penn National, which owns part of Barstool.However, the majority of the caseSantarelli’s call on Penn earned a stinging rebuke from Barstool Sports founder David Portnoy, who posted an expletive-laced tirade on Twitter disagreeing with the analyst. 1 casino

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soaring eagle casino hotelBut in this case, Santarelli’s projection is 40 percent below where Penn stock closed on June 5.Gov.Santarelli’s call on Penn earned a stinging rebuke from Barstool Sports founder David Portnoy, who posted an expletive-laced tirade on Twitter disagreeing with the analyst.sunset station casino breakfast buffetAn upward price estimate revision is usually a bullish sign.Restrictions in PlacePennsylvania has more than 80,000 COVID-19 cases and some 6,000 deaths.Santarelli’s call on Penn earned a stinging rebuke from Barstool Sports founder David Portnoy, who posted an expletive-laced tirade on Twitter disagreeing with the analyst.raging bull casino desktop

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hollywood casino valet parkingm.m.“Further, we recognize with this call we are likely arguing against a bull case of sports betting and iCasino being a huge windfall for Penn National, which will have no near-term resolution,” said the analyst.Three Pennsylvania casinos are reopening this week that are located in counties in the “green phase” of Governor Tom Wolf’s (D) reopening plan.Underscoring the point that with his “sell” grade and price estimate, Santarelli is a lone wolf on Penn.m.casino hotel nyc

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