Wells Fargo Maintains Equal-Weight on Realty Income, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst James Feldman maintains an Equal-Weight rating on Realty Income (NYSE:O) and raises the price target from $57 to $62.
August 26, 2024 | 12:57 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has maintained its Equal-Weight rating on Realty Income but increased the price target from $57 to $62, indicating a positive outlook.
The increase in price target from $57 to $62 by Wells Fargo suggests a positive outlook for Realty Income, which could lead to a short-term price increase. The maintained Equal-Weight rating indicates a balanced view, but the raised target is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100