Exane BNP Paribas Initiates Coverage On W.P. Carey with Underperform Rating, Announces Price Target of $74
Portfolio Pulse from richadhand@benzinga.com
Exane BNP Paribas analyst Nate Crossett initiates coverage on W.P. Carey (NYSE:WPC) with an Underperform rating and a price target of $74.
June 14, 2023 | 2:12 pm
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W.P. Carey (NYSE:WPC) receives an Underperform rating from Exane BNP Paribas analyst Nate Crossett, with a price target of $74.
The initiation of coverage on W.P. Carey by Exane BNP Paribas with an Underperform rating and a price target of $74 suggests that the analyst believes the stock is likely to underperform in the short term. This negative outlook could impact the stock price, leading to a short-term decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100