VICI Properties Inc. (VICI) Well-Positioned for Recurring Development Wins, Says Citizens

Core Viewpoint - VICI Properties Inc. is recognized as one of the most profitable real estate stocks, with a maintained Market Outperform rating and a price target of $35 following its increased involvement in the One Beverly Hills mixed-use development project [1]. Group 1: Company Performance and Ratings - Citizens has reaffirmed a Market Outperform rating on VICI Properties, citing the company's enhanced participation in development projects and strong partnerships for experiential investments [1][2]. - Mizuho has adopted a neutral stance on VICI, downgrading the stock from Outperform to Neutral with a price target of $30, due to perceived limited upside potential at the current price [3]. Group 2: Company Overview - VICI Properties Inc., established in 2016, is a Maryland-based experiential real estate investment trust that owns portfolios of premier gaming, hospitality, wellness, entertainment, and leisure destinations [4].