under substantial pressure<\/a> in recent months, Wieczynski believes the Pennsylvania-based operator has advantages over rivals, particularly on costs and brand loyalty.<\/span><\/p>\n\u201cSpecifically, we believe many of PENN\u2019s peers continue to compete largely on marketing, which is costly and may not create \u201cstickiness\u201d or any real brand loyalty,\u201d said the analyst. \u201cPENN is differentiated here in their strategy, relying more on Barstool-integrated and player-targeted promotions\/bonuses.<\/span><\/p>\nAdding up brick-and-mortar assets, revenue generated on non-primary skins, and a robust player database, and Wieczynski says Penn stock is \u201cvery much undervalued following the recent pullback.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Off 44 percent from its March high, Penn National Gaming (NASDAQ:PENN) stock may still hold cards for upside, and there are some elements to the story that aren’t fully appreciated, according to one Wall Street analyst. In a note to clients, Stifel analyst Steven Wieczynski reiterates a \u201cbuy\u201d rating on the regional casino operator, with […]<\/p>\n","protected":false},"author":46,"featured_media":176461,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10],"tags":[],"acf":[],"yoast_head":"\n
Penn Stock Can Rebound from its Malaise, Says Stifel Analyst<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n