Pinnacle Entertainment (PNK) Earning Somewhat Positive Press Coverage, Study Finds

News articles about Pinnacle Entertainment (NASDAQ:PNK) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pinnacle Entertainment earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.9481425971671 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news headlines that may have effected Accern Sentiment’s analysis:

Pinnacle Entertainment (NASDAQ:PNK) opened at $30.56 on Tuesday. The company has a quick ratio of 0.68, a current ratio of 0.71 and a debt-to-equity ratio of -11.36. The company has a market cap of $1,760.00 and a PE ratio of 61.12. Pinnacle Entertainment has a 1-year low of $15.86 and a 1-year high of $33.59.

PNK has been the topic of several recent analyst reports. Zacks Investment Research raised shares of Pinnacle Entertainment from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a research note on Saturday, November 11th. Bank of America increased their target price on shares of Pinnacle Entertainment from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. BidaskClub raised shares of Pinnacle Entertainment from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 7th. Deutsche Bank increased their target price on shares of Pinnacle Entertainment from $20.00 to $27.00 and gave the company a “hold” rating in a research note on Wednesday, November 8th. Finally, ValuEngine downgraded shares of Pinnacle Entertainment from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Nine investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $30.14.

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About Pinnacle Entertainment

Pinnacle Entertainment, Inc is an owner, operator and developer of casinos and related hospitality and entertainment businesses. The Company operates through three segments: Midwest, South and West. The Company’s Midwest segment includes Ameristar Council Bluffs, Ameristar East Chicago, Ameristar Kansas City, Ameristar St.

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