Realty Income (O) PT Raised to $67.50 at Stifel
Stifel analyst Simon Yarmak raised the price target on Realty Income (NYSE: O) to $67.50 (from $65.00) while maintaining a Buy rating.
The analyst commented: "AFFO In Line. Realty Income reported 2Q AFFO of $1.06, $0.03 ahead of our estimate and $0.02 ahead of the Street. Variance to our estimate was higher revenue and a $16 million lease termination fee."