Cowen Starts Realty Income (O) at Market Perform
Get Alerts O Hot Sheet
Rating Summary:
18 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 11
Join SI Premium – FREE
Cowen initiates coverage on Realty Income (NYSE: O) with a Market Perform rating and a price target of $46.00.
Analyst Michael Gorman commented, "O is one of the market leaders in the triple net space, with a best in class investment record, balance sheet, and portfolio. However, O is generally counter-cyclical to the REIT space, and given the potential for rising rates and accelerating economic growth, we are on the sidelines for now."
For an analyst ratings summary and ratings history on Realty Income click here. For more ratings news on Realty Income click here.
Shares of Realty Income closed at $45.34 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- TD Cowen Starts Grindr (GRND) at Buy
- Teleperformance (TEP:FP) (TLPFY) PT Lowered to EUR125 at RBC Capital, 'perceived risk profile makes it a no-fly zone for many investors'
- RBC Capital Starts Jasper Therapeutics (JSPR) at Outperform
Create E-mail Alert Related Categories
Analyst Comments, New CoverageRelated Entities
Cowen & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!