RBC Capital Maintains Outperform on W.P. Carey, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Heffern maintains an Outperform rating on W.P. Carey (NYSE:WPC) but lowers the price target from $68 to $65.
February 12, 2024 | 4:11 pm
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RBC Capital maintains an Outperform rating on W.P. Carey but lowers the price target from $68 to $65.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a positive outlook on W.P. Carey's performance but with a slightly moderated expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised target amidst ongoing positive sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100