Penn National MA license could be worth $1.00-$2.50/share, says Wells Fargo

theflyonthewall.com

Wells Fargo said Massachusetts' conditional award of the sole slot license in the state to Penn National is a significant positive that diversifies the company's income and could be worth $1.00-$2.50 per share to its stock. Wells maintains its Outperform rating on Penn National.

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