mohegan sun casino twitterGov.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.5 billion, or a share.las atlantis casino codes 2021(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 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.Three Pennsylvania casinos are reopening this week that are located in counties in the “green phase” of Governor Tom Wolf’s (D) reopening plan.roulette casino how to play

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nearest casino to panama city florida“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.gov)All 12 land-based casinos in Pennsylvania have been shuttered since March 16, as Wolf ordered all nonessential businesses to close.However, the majority of the casethe peppermill casinoThe three counties where thrunning aces casino numbere properties are located entered the state’s green phase on June 5.“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.“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.jamul casino covid

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silver oak casino 200 no deposit bonus codesm.Underscoring the point that with his “sell” grade and price estimate, Santarelli is a lone wolf on Penn.Underscoring the point that with his “sell” grade and price estimate, Santarelli is a lone wolf on Penn.Santarelli says Penn’s iGaming and sports betting business are worth .5 billion, or a share.But that will change this week.island view casino in gulfport mibibippi phone number