Deutsche Bank Downgrades VICI Props to Hold, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Carlo Santarelli has downgraded VICI Props (NYSE:VICI) from Buy to Hold and lowered the price target from $39 to $34.
July 05, 2023 | 10:18 am
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VICI Props has been downgraded from Buy to Hold by Deutsche Bank, with a lowered price target of $34.
The downgrade from Buy to Hold by Deutsche Bank indicates a less optimistic outlook for VICI Props. The lowering of the price target from $39 to $34 also suggests that the bank expects the stock's value to decrease in the short term. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100