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Rating: PENN
Overweight $15

Penn National Gaming, Inc. (NASDAQ: PENN) reiterated to Overweight with price target $15 by Barclays

Wednesday,  Apr 9, 2014  12:00 AM ET by Betsy O'Brien Harrison

Barclays reiterated Penn National Gaming, Inc. (NASDAQ: PENN) to Overweight with price target
$15. Previously Barclays reiterated Penn National Gaming, Inc. (NASDAQ: PENN) to Equal Weight with price target $13 on 02/05/2014, when the stock price was $11.30.

Penn National Gaming, Inc. are a diversified gaming and pari-mutuel wagering company. Their business strategy is focused on exploiting the higher margins and more stable cash flows associated with gaming operations compared to pari-mutuel operations.

Barclays



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