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Posted by
Two Blokes May 23 -
Filed in
Stock
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3 views
We rate PENN Entertainment Strong Buy with a $43 PT, driven by above-consensus FY25 revenue and undervalued growth in iCasino and Canada. Strategic retrenchment from ESPN BET in FY26 will moderate revenue growth but drive margin expansion and higher-quality earnings. Retail market share gains and new property openings anchor cash generation, supporting both digital investment and shareholder returns.
