Truist analyst Barry Jonas lowered the firm’s price target on VICI Properties to $36 from $40 and keeps a Buy rating on the shares. The analyst notes that the company outperformed other Travel & Leisure REITs with its Q3 FFO beat and raised guidance, though the firm’s price target cut reflects lower market multiples.
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Read More on VICI:
- CGDG: This New Dividend Growth ETF Looks Promising
- VICI Properties raises FY23 FFO to $2.14-$2.15 from $2.11-$2.14, consensus $2.14
- VICI Properties reports Q3 FFO 54c , consensus 53c
- VICI Properties price target lowered to $35 from $36.50 at Stifel
- Bowlero (NYSE:BOWL) Soars on $433M Deal with VICI Properties
