Gaming and Leisure (GLPI) PT Raised to $51 at Stifel

Stifel analyst Simon Yarmak raised the price target on Gaming and Leisure (NASDAQ: GLPI) to $51.00 (from $50.75) while maintaining a Buy rating.

The analyst commented: "Acquires Three Nevada/South Dakota Casinos. Following the close today, GLPI announced that the company had acquired the Silverado Franklin Hotel & Gaming Complex, the Deadwood Mountain Grand (DMG) casino, and Baldini's Casino for $105 million. GLPI also provided $5 million in capital improvement proceeds for a $110 million total investment."

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