Is VICI Properties (VICI) a Cheap REIT to Look at
VICI Properties Inc. (NYSE:VICI) is one of the 10 cheap REITs with huge upside. On March 12, Mizuho downgraded VICI Properties Inc. (NYSE:VICI) to a Neutral rating. The firm estimated a target price of $30 for the stock, citing potential tenant credit concerns. These are tied to reports that Tilman Fertitta is exploring an acquisition of Caesars Entertainment Inc. (NASDAQ:CZR). Copyright: razvanphoto / 123RF Stock Photo Mizuho stated that Caesars’ business accounts for 39% of VICI’s rent. Nevertheless, ...