choctaw casino jena louisianaAdmittedly 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.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.big fish casino slots(Image: PA.(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 .”Not All Bad NewsSantarelfour winds casino in hartfordli 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.who owns wild horse pab casino

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seneca niagara casino job applicationSantarelli’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.m.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.foxwoods resort casino connecticut usaHe’s the only one of 14 analysts covering the stock with a bearish mark on the name, and his price call is well below the consensus average of almost .“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.All three casinos are located in the southwestern part of the state.twin river casino new years eve

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live casino liveTom Wolf is allowing Pennsylvania casinos in the western part of the state to open back up.Gov.“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, 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.5 billion, or a share.Three Pennsylvania casinos are reopening this week that are located in counties in the “green phase” of Governor Tom Wolf’s (D) reopening plan.valley forge casino dunkin donuts