Companies To Watch: Wall Street’s new favorite bet

Not long ago, Penn Entertainment was seen as a traditional gaming company trying to find its place in a fast-evolving digital world. But that narrative is shifting — fast. In fact, that’s pushed a JPMorgan analyst to initiate an ‘overweight’ rating on PENN and a $24 price target, signaling a potential ~31% upside based on its then-current price. Join Dan Koh and Ryan Huang as they explore the key reasons analysts are warming up to Penn, and find out if this a short-term reaction or a long-term opportunity.See omnystudio.com/listener for privacy information.