# PENN Entertainment (PENN) — News

PENN · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/penn/news

## Recent headlines

- [Penn Entertainment, Inc.: Citigroup cuts target price to $17 from $22](https://www.ainvest.com/news/penn-entertainment-citigroup-cuts-target-price-17-22-2610) — AInvest Wire, Oct 12, 2026
  Citigroup has revised its price target for Penn Entertainment, Inc. (PENN), reducing it to $17 from a previous target of $22. The adjustment reflects a reassessment of the company’s near-term outlook and market positioning. Despite the lower price target, the firm has maintained its “Market…
- [Penn Entertainment, Inc.: Deutsche Bank raises to buy from hold; raises target price to $25 from $23](https://www.ainvest.com/news/penn-entertainment-deutsche-bank-raises-buy-hold-raises-target-price-25-23-2610) — AInvest Wire, Oct 6, 2026
  Deutsche Bank has upgraded its rating for Penn Entertainment, Inc. (PENN) to "Buy" from "Hold," while simultaneously raising its price target to $25 from $23. This move follows a series of analyst revisions over the past several months, reflecting growing confidence in the company’s performance and…
- [Penn Entertainment - expects to finance project with cash on hand](https://www.ainvest.com/news/penn-entertainment-expects-finance-project-cash-hand-2608) — AInvest Wire, Aug 17, 2026
  Penn Entertainment, Inc. (NASDAQ: PENN) has indicated that it intends to finance upcoming projects using its existing cash reserves, according to recent disclosures and strategic planning materials. This approach aligns with the company’s broader financial strategy of maintaining liquidity while…
- [Penn Entertainment to invest $195 million in casino relocation](https://www.ainvest.com/news/penn-entertainment-invest-195-million-casino-relocation-2608) — AInvest Wire, Aug 17, 2026
- [Penn Entertainment to relocate Boomtown Casino New Orleans](https://www.ainvest.com/news/penn-entertainment-relocate-boomtown-casino-orleans-2608) — AInvest Wire, Aug 17, 2026

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