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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NEUTRAL IMPACT
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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100