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VICI Properties price target lowered to $36 from $38 at Evercore ISI

Evercore ISI lowered the firm’s price target on VICI Properties (VICI) to $36 from $38 and keeps an Outperform rating on the shares. VICI’s recent quarter was steady, with AFFO slightly above expectations, and guidance nudged upward, the analyst tells investors in a research note. The firm added that, overall, VICI remains a compelling investment with a strong growth trajectory driven by recent investments and disciplined financial management.

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