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Fly News Breaks for February 20, 2020
VICI
Feb 20, 2020 | 06:12 EDT
Wells Fargo analyst Todd Stender resumed coverage of VICI Properties with an Overweight rating and $32 price target. VICI can use its cost of capital advantage and lead the coming consolidation of the casino and related real estate for years to come, Stender tells investors in a research note. The company remains the dominant player in the space iwth a "highly visible captive acquisition pipeline," says the analyst.
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