macro

Citigroup Lowers PENN Entertainment Price Target to $17

Citigroup lowered PENN Entertainment’s price target from $22.00 to $17.00 per share while keeping its Neutral rating, Benzinga reported.

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what happened

According to Benzinga, Citigroup maintained its Neutral rating on PENN Entertainment.

The bank nevertheless reduced its price target for the company’s shares to $17.00 per share from $22.00. The update was published in Benzinga’s analyst-ratings section.

why it matters

A lower price target alongside an unchanged Neutral rating signals a more cautious assessment of PENN Entertainment’s shares by Citigroup.

instruments

PENN

sources

  1. PENN Entertainment Price Target Cut to $17.00/Share From $22.00 by Citigroup — Newsmetry API, 12 October 2026 at 21:08 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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