UBS Initiates Coverage On W.P. Carey with Neutral Rating, Announces Price Target of $57
Portfolio Pulse from Benzinga Newsdesk
UBS has initiated coverage on W.P. Carey (NYSE:WPC) with a Neutral rating and set a price target of $57.
May 31, 2024 | 2:47 pm
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NEUTRAL IMPACT
UBS has initiated coverage on W.P. Carey with a Neutral rating and set a price target of $57. This suggests that UBS does not expect significant short-term movement in the stock price.
The Neutral rating indicates that UBS does not foresee significant upside or downside in the short term. The price target of $57 suggests that the stock is fairly valued at its current price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100