UPDATE: ISI Group Reiterates Hold Rating, Lowers PT on Penn National Gaming
Posted on November 19, 2012 at 10:04 AM EST
In a report published Monday, ISI Group reiterated its Hold rating on Penn National Gaming (NASDAQ: PENN ), but slightly lowered its price target from $44.00 to $43.00. ISI Group noted, “PENN's shares rose 28% on Friday as investors considered the potential equity value creation of the announced PropCo /