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Truist Financial Sticks to Their Buy Rating for VICI Properties (VICI)

Tipranks - Tipranks - Wed Jan 14, 5:52AM CST

In a report released today, Barry Jonas from Truist Financial maintained a Buy rating on VICI Properties, with a price target of $27.89.

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According to TipRanks, Jonas is a 4-star analyst with an average return of 5.6% and a 45.34% success rate. Jonas covers the Consumer Cyclical sector, focusing on stocks such as MGM Resorts, Caesars Entertainment, and Red Rock Resorts.

In a report released on January 5, Cantor Fitzgerald also maintained a Buy rating on the stock with a $33.00 price target.

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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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