RBC Capital Maintains Outperform on Realty Income, Lowers Price Target to $67
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Brad Heffern maintains an 'Outperform' rating on Realty Income (NYSE:O) but lowers the price target from $68 to $67.

August 04, 2023 | 3:52 pm
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Realty Income's price target has been lowered from $68 to $67 by RBC Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by RBC Capital might create a short-term negative sentiment among investors. However, the maintained 'Outperform' rating indicates that the analyst still sees potential in the stock, which could balance out the initial negative impact.
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IMPORTANCE 70
RELEVANCE 100