Craig Hallum started coverage on shares of Pinnacle Entertainment, (NYSE: PNK) in a research report sent to investors on Tuesday morning. The firm issued a buy rating and a $19.00 price target on the stock.
A number of other firms have also recently commented on PNK. Analysts at ISI Group upgraded shares of Pinnacle Entertainment, from a neutral rating to a buy rating in a research note to investors on Monday. Separately, analysts at Nomura initiated coverage on shares of Pinnacle Entertainment, in a research note to investors on Monday, March 4th. They set a buy rating and a $18.00 price target on the stock. Finally, analysts at Bank of America initiated coverage on shares of Pinnacle Entertainment, in a research note to investors on Monday, March 4th. They set a buy rating and a $18.00 price target on the stock.
Nine analysts have rated the stock with a buy rating, one has assigned an overweight rating, seven have issued a hold rating, two have assigned an underweight rating, and one has given a sell rating to the company’s stock. The stock presently has a consensus rating of overweight and a consensus price target of $17.18.
Shares of Pinnacle Entertainment, traded up 0.47% during mid-day trading on Tuesday, hitting $14.99. Pinnacle Entertainment, has a one year low of $8.89 and a one year high of $16.97. The stock’s 50-day moving average is currently $14.7. The company’s market cap is $875.1 million.
Pinnacle Entertainment, Inc. (Pinnacle) is an owner, operator and developer of casinos and related hospitality and entertainment facilities.
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