Ladenburg raised the firm’s price target on VICI Properties to $37 from $34.50 and keeps a Buy rating on the shares heading into Q1 earnings. The firm, which increased its estimates, argues that VICI Properties "should be one of the best positioned REITs for a potential uncertain macro environment" given its transparent tenant base, potential upside from announced and already structured investments, locked in capital, and a positive correlation to inflation.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on VICI:
- VICI Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- 5 Best Real Estate Stocks to Invest in Now, According to Analysts – April 2023
- VICI Properties initiated with a Buy at Mizuho
- VICI Properties added to ‘Alpha List’ at Wolfe Research
- VICI Properties upgraded to Overweight from Sector Weight at KeyBanc
