RBC Capital Maintains Outperform on W.P. Carey, Lowers Price Target to $63
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 $65 to $63.
May 03, 2024 | 4:53 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on W.P. Carey but lowers the price target from $65 to $63.
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 absorbs the minor adjustment in valuation expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100