UPDATE: ISI Group Reiterates Hold Rating, Raises PT on Penn National Gaming
Posted on December 05, 2012 at 11:13 AM EST
In a report published Wednesday, ISI Group reiterated its Hold rating on Penn National Gaming (NASDAQ: PENN ), and raised its price target from $43.00 to $49.00. ISI Group noted, “Over the last several weeks, we have received numerous questions from investors regarding a potential valuation for PropCo—specifically, how PropCo's