Realty Income (O) Reports In-Line Q3 FFO, Offers FY15 & FY16 Guidance

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UBS Downgrades Realty Income (O) to Sell

October 29, 2015 7:20 AM EDT

UBS downgraded Realty Income (NYSE: O) from Neutral to Sell with a price target of $46.00 (from $47.00), saying it is too exposed to a rate hike.

Analyst Ross Nussbaum commented, "We are downgrading shares of Realty Income to Sell from Neutral and trimming our price... More