BMO Capital Initiates Coverage On Realty Income with Market Perform Rating, Announces Price Target of $57
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Eric Borden initiates coverage on Realty Income (NYSE:O) with a Market Perform rating and a price target of $57.

February 13, 2024 | 10:59 am
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BMO Capital has initiated coverage on Realty Income with a Market Perform rating and a price target of $57.
The initiation of coverage by BMO Capital with a Market Perform rating and a specific price target provides investors with a new professional analysis to consider. However, the 'Market Perform' rating suggests that the analyst believes the stock will perform in line with the market, which does not imply a significant short-term price movement. The price target of $57 offers a reference point for valuation but does not necessarily indicate a strong bullish or bearish stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100