RBC Capital analyst Brad Heffern lowered the firm’s price target on Gaming and Leisure Properties to $50 from $54 and keeps an Outperform rating on the shares. The company’s Q3 results were in line with the firm’s expectations and the management sounded optimistic about the pipeline for 2024 given capital markets turmoil, even though deals are likely to skew smaller, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on GLPI:
- Gaming And Leisure Properties Reports Record Third Quarter 2023 Results And Updates 2023 Full Year Guidance
- Gaming and Leisure Properties, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call
- BlackRock Pulls the Trigger on These 2 High-Yield Dividend Stocks — Including One With 9% Yield
- Gaming and Leisure Properties initiated with an Outperform at Wedbush
- Gaming and Leisure Properties, Inc. Mourns the Loss of Board Member JoAnne A. Epps
