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Cowen Starts Realty Income (O) at Market Perform

June 15, 2015 4:11 PM EDT
Get Alerts O Hot Sheet
Price: $53.93 +0.78%

Rating Summary:
    18 Buy, 14 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 11 | New: 11
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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.



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