Barclays Sticks to Its Buy Rating for VICI Properties (VICI)
Barclays analyst Richard Hightower maintained a Buy rating on VICI Properties today and set a price target of $33.00.
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Hightower covers the Real Estate sector, focusing on stocks such as Mid-America Apartment, W. P. Carey Inc., and Regency Centers. According to TipRanks, Hightower has an average return of -3.4% and a 33.57% success rate on recommended stocks.
In addition to Barclays, VICI Properties also received a Buy from Goldman Sachs’s Caitlin Burrows in a report issued on November 28. However, on December 1, Evercore ISI downgraded VICI Properties (NYSE: VICI) to a Hold.
Based on VICI Properties’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.02 billion and a net profit of $762.04 million. In comparison, last year the company earned a revenue of $964.67 million and had a net profit of $732.9 million
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