RBC Capital Maintains Outperform on Realty Income, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Heffern has maintained an Outperform rating on Realty Income (NYSE:O) and increased the price target from $58 to $60.
January 11, 2024 | 4:22 pm
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RBC Capital analyst Brad Heffern reaffirmed an Outperform rating on Realty Income and raised the price target to $60, indicating a positive outlook on the stock.
The increase in price target by RBC Capital suggests a positive sentiment towards Realty Income's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price, as market participants often react to analyst upgrades.
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