Barclays lowered the firm’s price target on Realty Income (O) to $56 from $59 and keeps an Equal Weight rating on the shares as part of a Q4 earnings preview for the net lease real estate investment trusts. The firm modestly reduced fiscal 2025 estimates in most cases to reflect higher interest rates and a more conservative view on tenant credit.
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- Realty Income price target lowered to $59 from $61 at Scotiabank
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