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P. mountaineer casino dreb code four winds casino south bend construction Morgan analyst Joseph Greff likes Penn National stock and sees a potential Tropicana sale as a catalyst. blackjack at casino (Image: YouTube)In a note to clients Tuesday, J. P. Morgan analyst Joseph Greff reiterated an “overweight” rating on shares of Penn while boosting his price target on the stock to . That’s eight percent above the Wall Street consensus of . free slot machine 88 fortunes thunder valley casino new construction 85 and about 23 percent higher than Monday’s close around . We continue to believe PENN offers a favorable risk/reward with an attractive valuation,” said Greff in the note. online casino no deposit bonus free spins

Penn National, the operator of gaming properties under the Argosy and Hollywood brands, among others, has gained acclaimed this year in the Wall Street community due in part to the company’s exposure to the fast-growing US sports betting market. In addition to its footprint in its home state of Pennsylvania, one of the top domestic sports betting markets, the company operates properties in other pictures of lake tahoe casinoslegal sports wagering states, such as Iowa and Nevada. Penn National is positioned to take advantage of sports betting proliferation in the US, as the company is the largest gaming operator in Illinois, where sports betting is expected to launch next year. Penn also enjoys dominant market share in states that could soon approve sports wagering, such as Michigan, Missouri and Ohio. free slots casino mega wins Other CatalystsWall Street’s recent enthusiasm for the stock has been driven in large part by management’s plans to shore up the balance sheet, an effort that could include the sale of the Tropicana on the Las Vegas Strip. Our favorable view reflects a potential deleveraging catalysts via a sale of Trop LV/PSG, and an attractive valuation at lease-adjusted 6. Buffet De Viejas Casino Nkfy 9x 2020E enterprise value/earnings before interest, taxes, depreciation and amortization admiral casino is bovada casino legit

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