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Realty Income (O) PT Raised to $67.50 at Stifel

August 6, 2024 6:55 AM EDT
Get Alerts O Hot Sheet
Price: $61.67 +1.80%

Rating Summary:
    17 Buy, 22 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 5 | Down: 13 | New: 23
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(Updated - August 6, 2024 7:05 AM EDT)

Stifel analyst Simon Yarmak raised the price target on Realty Income (NYSE: O) to $67.50 (from $65.00) while maintaining a Buy rating.

The analyst commented: "AFFO In Line. Realty Income reported 2Q AFFO of $1.06, $0.03 ahead of our estimate and $0.02 ahead of the Street. Variance to our estimate was higher revenue and a $16 million lease termination fee."


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