J.P. Morgan upgrades Penn Entertainment and GLPI to Overweight
J.P. Morgan upgraded Penn Entertainment and GLPI to Overweight from Neutral in an investor note, analyst Joseph Greff said. The bank named DraftKings its top pick for online sports betting and iGaming growth, while identifying Las Vegas Sands as its Macau pick. Greff forecast mid- to high-single-digit Macau gross gaming revenue growth in 2025.
The analyst’s ratings and sector outlook provide investors with company-specific views on gaming stocks and growth prospects.