Wolfe Research Upgrades Realty Income to Outperform, Announces $66 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Andrew Rosivach upgraded Realty Income (NYSE:O) from Peer Perform to Outperform and set a price target of $66.
December 06, 2023 | 10:26 am
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Realty Income has been upgraded by Wolfe Research from Peer Perform to Outperform with a new price target of $66.
Upgrades by research analysts often lead to a positive short-term reaction in the stock market as they suggest a better outlook for the company. The new price target of $66 implies a potential upside from the current trading price, which can attract investors and drive up the stock price.
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