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soaring eagle casino daycareBarstool Sports founder David Portnoy is none-too-pleased with analyst Carlo Santarelli’s call on Penn National, which owns part of Barstool.Tom Wolf is allowing Pennsylvania casinos in the western part of the state to open back up.Penn 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.chinook winds casino rewardsPenn, while previously viewed as a brick-and-mortar casino operator, is now being seen through the lenses of sports wagering and online casinos, verticals that could each be worth billion over the next several years.(Image: PA.The company will have a more challenging time, relative to peers, improving margins, given its prior margin disciplines and higher than peer blended gaming taxes, which have forced Penn, over time, to be leaner than most,” said the Deutsche Bank analyst.free slot machine casino meter

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bicycle casino blackjackBut that will change this week.Ten of his 13 peers rate Penn the equivalent of “buy” or “strong buy.The funds are allocated for police and fire department costs, economic development programs that create local jobs, anti-gang and youth development initiatives, and city infrastructure improvements.online poker swib casino(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 .Penn owns 36 percent of the sports media property.Ten of his 13 peers rate Penn the equivalent of “buy” or “strong buy.river spirit casino expedia

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captain jack casino apkPenn 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.“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.Penn operates 41 casinos in 19 states, including some where gaming taxes are considered high, including Illinois and Pennsylvania.Restrictions in PlacePennsylvania has more than 80,000 COVID-19 cases and some 6,000 deaths.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.electronic table games casino

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