JMP Securities Maintains Market Outperform on VICI Props, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Mitch Germain maintains a Market Outperform rating on VICI Props (NYSE:VICI), but has lowered the price target from $38 to $34.
October 16, 2023 | 1:46 pm
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NEUTRAL IMPACT
VICI Props' price target has been lowered from $38 to $34 by JMP Securities, though the Market Outperform rating is maintained.
The lowering of the price target by JMP Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Market Outperform rating indicates that the analyst still sees potential upside for the stock, which could counterbalance the negative impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100