Rating Change
Morgan Stanley reiterated its Equal-Weight rating on PENN Entertainment, Inc. (NASDAQ:PENN) on August 12, 2026.
reiterateNASDAQ:PENN
Morgan Stanley Reiterates Equal-Weight Rating on PENN Entertainment, Inc. (PENN)
Morgan Stanley reiterated its Equal-Weight rating on PENN Entertainment, Inc. (NASDAQ:PENN) on August 12, 2026.
At publication ·
What changed
PENN Entertainment, Inc. (NASDAQ:PENN) · reiterate
- Firm
- Morgan Stanley
- Rating
- Equal-Weight to Equal-Weight
- Price at event
- $19.17
- Market capitalization
- $2.1B
At a glance
Key takeaways
- Morgan Stanley reiterated an Equal-Weight rating on PENN Entertainment on August 12, 2026, indicating the analyst sees the stock as fairly valued relative to the market.
Market Context
PENN Entertainment, Inc. operates in the Consumer Cyclical sector. The stock currently trades at $19.17 with a market capitalization of $2.1B.
Analyst coverage from Morgan Stanley provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for PENN Entertainment, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for PENN Entertainment, Inc.
Among the 10 most recent ratings: 6 Buy, 4 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 12, 2026 | Morgan Stanley | Equal-Weight | N/A |
| Aug 07, 2026 | Benchmark | Buy | N/A |
| Aug 07, 2026 | Macquarie | Outperform | N/A |
| Jul 20, 2026 | B of A Securities | Neutral | N/A |
| Jul 16, 2026 | Citizens | Market Outperform | N/A |
Related Tools: Analyst Ratings Dashboard | View PENN Stock Page
Frequently Asked Questions
What does the Equal-Weight rating mean for PENN?
A rating of Equal-Weight from Morgan Stanley reflects the analyst's outlook on PENN Entertainment, Inc. (NASDAQ:PENN). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the PENN forecast page.