UPDATE: JPMorgan Upgrades Getty Realty (GTY) to Neutral

(updating comment)

JPMorgan analyst Anthony Paolone upgraded Getty Realty (NYSE: GTY) from Underweight to Neutral with a price target of $32.00.

The analyst comments "We rate shares of GTY Neutral. We believe the company’s underlying tenant performance has been solid during the COVID-19 pandemic. That should allow it to return to playing offence and making acquisitions, and it is showing momentum on this front – a key positive. The company’s dividend yield is attractive."

For an analyst ratings summary and ratings history on Getty Realty click here. For more ratings news on Getty Realty click here.

Shares of Getty Realty closed at $25.77 yesterday.

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