12:05 PM EDT, 05/04/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our target by $1 to $36, on P/FFO of 13.7x our 2025 estimate vs VICI's three-year average multiple (14.2x). We increase our 2025 FFO forecast to $2.63 from $2.32 and 2026 to $2.81 from $2.40. We continue to see VICI as an attractive triple-net leasing operator in the gaming space, while it expands into other entertainment spaces (Bowlero, Great Wolf Resorts, Canyon Ranch). Management believes the new investment in North Fork Tribal Casino will have a blended all-in yield of a little more than 7%, with first priority interest in future cash flow and gaming revenues. We see the potential for future tribal sale-leaseback deals if this partnership with North Folk and Red Rock Resorts goes well as management highlighted the importance of developing long-term partnerships and not operating on a deal-by-deal basis. VICI has seen no material slow down in Las Vegas and believes the market is still supported by multiple demand drivers not just gaming - highlighting conferences, sports, and entertainment.