W.P. Carey shares are trading lower after BMO Capital downgraded the stock from Outperform to Market Perform.
Portfolio Pulse from Bill Haddad
W.P. Carey's stock has been downgraded from Outperform to Market Perform by BMO Capital, leading to a decrease in the company's share price.
September 26, 2023 | 3:12 pm
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NEGATIVE IMPACT
W.P. Carey's stock was downgraded by BMO Capital, which has resulted in a decrease in the company's share price.
The downgrade of W.P. Carey's stock by BMO Capital from Outperform to Market Perform is a negative signal to investors, which has led to a decrease in the company's share price. This indicates a lack of confidence in the company's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100