JP Morgan Downgrades Gaming and Leisure Props to Neutral, Announces $48 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Joseph Greff has downgraded Gaming and Leisure Properties (GLPI) from Overweight to Neutral and set a price target of $48.
December 14, 2023 | 10:26 am
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NEGATIVE IMPACT
JP Morgan analyst Joseph Greff downgraded Gaming and Leisure Properties from Overweight to Neutral with a $48 price target.
Analyst downgrades typically lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The new price target of $48 may also influence market expectations and trading behavior.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100