RBC Capital lowered the firm’s price target on Gaming and Leisure Properties (GLPI) to $56 from $57 but keeps an Outperform rating on the shares. The company’s 2025 guidance was below expectations, but this was driven by timing impacts, particularly a slower disbursement of development funding than the firm had expected, the analyst tells investors in a research note. Gaming and Leisure Properties tends to start the year conservatively on guidance, so the firm is not overly concerned, RBC adds.
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