Wall Street Analysts Bullish on Penn National Gaming and MasterBrand Inc: Analysts Initiate Coverage and Upgrade Stocks to Buy

Friday, Jun 27, 2025 8:00 pm ET1min read

Wall Street analysts are bullish on Penn National Gaming and MasterBrand Inc. J.P. Morgan initiated coverage with a Buy rating and $24.00 price target, while Citizens JMP upgraded the stock to Buy with a $24.00 price target. Loop Capital Markets maintained a Buy rating and $15.00 price target for MasterBrand Inc.

Title: Wall Street Analysts Bullish on Penn National Gaming and MasterBrand Inc.

June 19, 2025

Wall Street analysts have expressed a bullish outlook on Penn National Gaming and MasterBrand Inc., with several major firms initiating coverage and upgrading their ratings. J.P. Morgan and Citizens JMP have both assigned a Buy rating with a $24.00 price target to Penn National Gaming, while Loop Capital Markets has maintained a Buy rating with a $15.00 price target for MasterBrand Inc.

Penn National Gaming, a leading gaming and entertainment company, has seen its stock price rise on the back of positive analyst sentiment. The company's stock traded up $1.18 during mid-day trading on Thursday, reaching $18.58, with a market capitalization of $2.81 billion [2]. Analysts at J.P. Morgan and Citizens JMP have cited the company's strong financial performance and growth prospects in the gaming and entertainment sector as reasons for their optimistic outlook.

MasterBrand Inc., a leading manufacturer of cabinets and kitchen products, has also received a positive rating from Loop Capital Markets. The firm's research indicates that despite soft demand for cabinets, MasterBrand is well-positioned to gain market share, particularly in new construction. Loop Capital Markets expects MasterBrand's revenues to decline mid-single digits year-over-year in the second half of 2025, but anticipates that margin improvements could serve as a catalyst for the stock [1].

Both companies have shown resilience in the face of market challenges, with Penn National Gaming benefiting from its strong online sports betting operations and MasterBrand Inc. maintaining profitability despite a slowdown in new construction. As the esports industry continues to grow, companies like Penn National Gaming and MasterBrand Inc. are well-positioned to capitalize on these trends.

References:
[1] https://www.investing.com/news/analyst-ratings/masterbrand-stock-rating-reiterated-at-buy-by-loop-capital-93CH-4114482
[2] https://www.marketbeat.com/instant-alerts/esports-stocks-to-add-to-your-watchlist-june-26th-2025-06-26/

Wall Street Analysts Bullish on Penn National Gaming and MasterBrand Inc: Analysts Initiate Coverage and Upgrade Stocks to Buy

Comments



Add a public comment...
No comments

No comments yet