Morgan Stanley Maintains Overweight on Gaming and Leisure Props, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ronald Kamdem has maintained an Overweight rating on Gaming and Leisure Properties (NASDAQ:GLPI) but has lowered the price target from $55 to $53.

March 21, 2024 | 4:15 pm
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Morgan Stanley maintains an Overweight rating on Gaming and Leisure Properties but lowers the price target from $55 to $53.
The adjustment in price target by a major analyst like Morgan Stanley can influence investor sentiment, potentially leading to short-term price fluctuations. However, the maintenance of an Overweight rating suggests a continued positive outlook on the stock, which might mitigate any negative impact from the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100