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VICI Properties (VICI) Receives a Buy from Barclays

Tipranks - Tipranks - Sat Mar 14, 4:02AM CDT

In a report released today, Richard Hightower from Barclays maintained a Buy rating on VICI Properties, with a price target of $33.00.

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Hightower covers the Real Estate sector, focusing on stocks such as Gaming and Leisure, Diamondrock, and Agree Realty. According to TipRanks, Hightower has an average return of -1.4% and a 41.34% success rate on recommended stocks.

In addition to Barclays, VICI Properties also received a Buy from Cantor Fitzgerald’s Richard Anderson in a report issued on March 9. However, on March 11, Mizuho Securities downgraded VICI Properties (NYSE: VICI) to a Hold.

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Based on VICI Properties’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.01 billion and a net profit of $604.82 million. In comparison, last year the company earned a revenue of $976.05 million and had a net profit of $614.59 million

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