Barclays upgraded Gaming and Leisure Properties (GLPI) to Overweight from Equal Weight with a price target of $54, up from $51. Given earnings contribution in 2026 from the company’s ongoing Chicago development funding, Caesars Republic Sonoma, and recently-announced Sunland Park acquisition, Gaming and Leisure’s funds from operations growth will exceed 6% next year. Barclays’ estimates are above consensus and it upgrades the shares with the stock underperforming peers in 2025.
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Read More on GLPI:
- Gaming and Leisure Properties management to meet virtually with Seaport Research
- Gaming and Leisure to acquire Sunland Park Racetrack & Casino assets
- Gaming and Leisure Properties initiated with a Neutral at Cantor Fitzgerald
- Cautious Hold Rating on Gaming and Leisure Properties Inc. Amid Chicago Casino Uncertainty and Stock Underperformance
- Gaming and Leisure Properties provides update on Chicago investment