UPDATE: Deutsche Bank Reiterates Buy Rating, Lowers PT on Penn National Gaming
Posted on February 01, 2013 at 11:50 AM EST
In a report published Friday, Deutsche Bank reiterated its Buy rating on Penn National Gaming (NASDAQ: PENN ), but slightly lowered its price target from $65.00 to $64.00. Deutsche Bank noted, “Post 4Q12 results & lowered guidance, we reaffirm our Buy given: 1) we think the regional fundamental headwind has