W. P. Carey & Co. (WPC) PT Raised to $70 at RBC Capital

RBC Capital analyst Brad Heffern raised the price target on W. P. Carey & Co. (NYSE: WPC) to $70.00 (from $69.00) while maintaining a Sector Perform rating.

The analyst comments "WPC finished 2025 with strong investment volumes, putting the company at the high end of guidance. Recent ATM issuance has also put WPC in good shape for 2026, at least for what we expect to be somewhat conservative initial investment guidance. Bad debt also came in slightly better than expected, and well below the original 2025 guidance assumption. Our estimates are up by 1%"

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