MGM Growth Properties (MGP) Reports Q4 FFO of 44c

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MGM Growth Properties (MGP) PT Lowered to $28 at Deutsche Bank; REIT Consolidation Unlikely

February 21, 2018 6:37 AM EST

Deutsche Bank lowered its price target on MGM Growth Properties (NYSE: MGP) to $28.00 (from $31.00) while maintaining a Hold rating.

Analsyt Carlo Santarelli said the key to the call was likely MGP noting that further attempts to acquire a gaming REIT competitor are unlikely at this stage.

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