RBC Capital Maintains Outperform on Realty Income, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Heffern maintains an Outperform rating on Realty Income (NYSE:O) and raises the price target from $56 to $57.
November 08, 2023 | 8:09 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Realty Income and raises the price target to $57, which could lead to a positive market reaction.
The Outperform rating maintained by RBC Capital indicates that they expect Realty Income to outperform the general market. The increase in the price target from $56 to $57 suggests that they see further upside potential for the stock. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100