Morgan Stanley Reinstates Equal-Weight on Realty Income, Announces $62 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ronald Kamdem has reinstated an Equal-Weight rating on Realty Income (NYSE:O) and announced a price target of $62.
August 06, 2024 | 10:42 am
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Morgan Stanley analyst Ronald Kamdem has reinstated an Equal-Weight rating on Realty Income (NYSE:O) and set a price target of $62.
The reinstatement of an Equal-Weight rating and the announcement of a $62 price target by a major financial institution like Morgan Stanley is likely to have a positive short-term impact on Realty Income's stock price. Investors often view such ratings and price targets as credible indicators of a stock's potential performance.
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