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Rating: PENN
Outperform $27

Penn National Gaming, Inc. (NASDAQ: PENN) rated to Outperform with price target $27 by Telsey Advisory Group

Tuesday,  Jan 19, 2016  8:25 AM ET by Kristen Bailey

Telsey Advisory Group rated Penn
National Gaming, Inc. (NASDAQ: PENN) to Outperform with price target $27.

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.

Telsey Advisory Group



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