Keybanc Maintains Overweight on VICI Props, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Todd Thomas has maintained an Overweight rating on VICI Properties (NYSE:VICI) but reduced the price target from $36 to $34.
December 13, 2023 | 10:48 am
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NEUTRAL IMPACT
Keybanc analyst Todd Thomas maintains an Overweight rating on VICI Properties but lowers the price target from $36 to $34.
The reduction in price target may cause some investors to adjust their valuation models, potentially leading to a short-term negative sentiment. However, the maintenance of an Overweight rating suggests that the analyst still sees positive fundamentals, which could balance out the impact.
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IMPORTANCE 75
RELEVANCE 100