Realty Income (O) PT Raised to $67.50 at Stifel
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Price: $63.84 +3.27%
Rating Summary:
17 Buy, 22 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
Rating Summary:
17 Buy, 22 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
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(Updated - August 6, 2024 7:05 AM EDT)
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."
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