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W.P. Carey price target raised to $61 from $60 at Scotiabank

Scotiabank raised the firm’s price target on W.P. Carey to $61 from $60 and keeps a Sector Perform rating on the shares. The firm anticipates Q2 Net Lease REIT earnings announcements to confirm the availability of traditional sale-leaseback transaction opportunities at target opportunities, the analyst tells investors.

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