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Pinnacle Entertainment, Inc. (PNK) [hlAlert]

Rating:
Buy PNK
up 175.29 %

Pinnacle Entertainment, Inc. (PNK) rated Buy with price target $20 by Morgan Joseph

Posted on: Thursday,  Aug 4, 2011  8:25 AM ET by Morgan Joseph

Morgan Joseph rated Buy Pinnacle Entertainment, Inc. (NYSE: PNK) on 08/04/2011, when the stock price was $13.68. Since
then, Pinnacle Entertainment, Inc. has gained 175.29% as of 01/26/2016's recent price of $37.66.
If you would have followed this Morgan Joseph's recommendation on PNK, you would have gained 175.29% of your investment in 1636 days.

Pinnacle Entertainment, Inc. (Pinnacle) is a developer, owner and operator of casinos, and related hospitality and entertainment facilities. The Company operates seven domestic casinos, including L?Auberge du Lac in Lake Charles, Louisiana; Boomtown New Orleans in New Orleans, Louisiana; Belterra Casino Resort in Vevay, Indiana; Boomtown Bossier City in Bossier City, Louisiana; Lumiere Place in St. Louis, Missouri; Boomtown Reno in Reno, Nevada, and Admiral Riverboat Casino in St. Louis, Missouri. Internationally, it operates one substantial and several small casinos in Argentina. On January 2, 2009, it closed The Casino at Emerald Bay in the Bahamas.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/4/2011 8:25 AM Buy
None
13.68 20.00
as of 12/30/2011
1 Week up  0.79 %
1 Month down  -3.87 %
3 Months up  11.89 %
1 YTD down  -27.53 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/27/2009 8:25 AM Buy
None
11.30 13.00
3/12/2008 8:25 AM Hold
None
13.77
11/7/2007 9:25 AM Buy
None
28.00 40.00

(*) Stock Price at the time of the recommendation.
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