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.
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