** Gaming, hospitality and entertainment REIT VICI Properties' shares VICI.N rise 1.1% to $29.53 premarket
** Wedbush upgrades rating to "outperform" from "neutral", but lowers price target to $33 from $34
** Says VICI could see opportunities to fund redevelopment projects from its "deep pipeline of relationships"
** "While the growing non-gaming portfolio has given us pause before, we see it potentially providing an external growth bridge until the casino transaction market picks back up" - Wedbush
** Six brokerages rate the stock "strongbuy", 15 "buy" and three "hold"; their median PT is $35 - LSEG compiled data
** In FY 2024, VICI had fallen 10.6%
(Reporting by Aatreyee Dasgupta)
((Aatreyee.Dasgupta@thomsonreuters.com))
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