National Retail Properties (NNN) has disclosed a new risk, in the Technology category.
National Retail Properties (NNN) is significantly reliant on third-party cloud services to support its core business functions, such as data handling and communications. This reliance poses a risk, as these services are susceptible to various forms of disruption, including cyberattacks, natural disasters, and power outages. Despite the inevitability of occasional service interruptions, NNN’s limited flexibility in swiftly transitioning to alternative providers amplifies the potential for material adverse effects on its operations and financial health. The company’s operational continuity and fiscal stability are therefore inherently tied to the reliability of its cloud infrastructure.
Overall, Wall Street has a Hold consensus rating on NNN stock based on 1 Buy, 1 Sell and 2 Holds.
To learn more about National Retail Properties’ risk factors, click here.
