Mizuho analyst Haendel St. Juste upgraded Gaming and Leisure Properties (GLPI) to Outperform from Neutral with an unchanged price target of $50. The firm believes the stock offers an attractive risk/reward opportunity. Gaming and Leisure continues to deploy capital across various projects, driving an earnings acceleration of 6% without needing additional capital, the analyst tells investors in a research note. Mizuho cites the company’s accelerating growth profile for the upgrade.
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Read More on GLPI:
- Gaming and Leisure upgraded to Overweight from Neutral at JPMorgan
- Gaming and Leisure Appoints New Board Member
- Gaming and Leisure Properties appoints Michael Borofsky to board of directors
- Gaming and Leisure Properties provides update on financing, development
- Gaming and Leisure Properties price target lowered to $52 from $54 at Barclays
