Scotiabank Maintains Sector Perform on W.P. Carey, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Nicholas Yulico has maintained a 'Sector Perform' rating on W.P. Carey (NYSE:WPC) but lowered the price target from $71 to $61.
September 28, 2023 | 7:06 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Scotiabank has maintained its 'Sector Perform' rating on W.P. Carey but lowered the price target from $71 to $61, which could potentially impact the stock's performance.
The lowering of the price target by Scotiabank from $71 to $61 indicates a potential decrease in the value of W.P. Carey's stock. This could lead to a negative short-term impact on the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100