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Realty Income price target raised to $61 from $56 at Scotiabank

Scotiabank analyst Greg McGinniss raised the firm’s price target on Realty Income to $61 from $56 and keeps a Sector Perform rating on the shares. Scotiabank is adjusting estimates for Real Estate & REITs covered by the firm to reflect Q2 earnings results and recent transactions, the analyst tells investors.

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