Scotiabank analyst Greg McGinniss raised the firm’s price target on VICI Properties (VICI) to $32 from $30 and keeps a Sector Perform rating on the shares. Q1 earnings in the net lease REIT space was characterized by increased AFFO and investment guidance across the firm’s coverage, with many REITs issuing forward equity during/after the quarter to address funding needs for the year, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VICI:
- VICI Properties price target lowered to $31 from $32 at Deutsche Bank
- VICI Properties Earnings Call Highlights Growth Push
- VICI Properties reports Q1 FFO 61c, consensus 61c
- VICI Properties raises FY26 FFO view to $2.44-$2.47 from $2.42-$2.45
- VICI Properties Lifts 2026 Guidance After Strong Q1 Results