JPMorgan downgraded Gaming and Leisure Properties to Neutral from Overweight with a $48 price target. The firm believes the recent move in the stock pushes it into its fair value territory, and doesn’t see M&A as a needle moving for the stock.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on GLPI:
- Gaming and Leisure Properties just downgraded at Mizuho, here’s why
- Qualcomm downgraded, First Solar upgraded: Wall Street’s top analyst calls
- Gaming and Leisure Properties initiated with neutral view at Goldman Sachs, here’s why
- Gaming and Leisure Properties price target raised to $48 from $45 at BofA
- Ex-Dividend Date Nearing for These 10 Stocks – Week of December 4, 2023