Raymond James Initiates Coverage On W.P. Carey with Outperform Rating, Announces Price Target of $90
Raymond James analyst RJ Milligan initiates coverage on W.P. Carey (NYSE:WPC) with a Outperform rating and announces Price Target of $90.
Ominous Death Cross Forms On W.P. Carey’s Chart
If history is any guide, there may be trouble ahead for shares of W.P. Carey (NYSE:WPC). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
W.P. Carey Q4 Adj. FFO $1.30 Up From $1.20 YoY, EPS $0.50
W.P. Carey (NYSE:WPC) reported quarterly earnings of $1.30 per share. This is a 8.33 percent increase over earnings of $1.20 per share from the same period last year.
Earnings Scheduled For February 11, 2022
Companies Reporting Before The Bell
• Mr. Cooper Group (NASDAQ:COOP) is expected to report quarterly earnings at $1.22 per share on revenue of $551.60 million.
BofA Downgrades Getty Realty, National Retail Properties, Names Top Triple-Net REITs For 2022
On Thursday, Bank of America analyst Joshua Dennerlein updated his coverage of triple-net real estate investment trusts (REITs), and adjusted his ratings for several stocks.
The Analyst: Dennerlein made the following changes to his coverage:
B of A Securities Upgrades W.P. Carey to Neutral
B of A Securities analyst Joshua Dennerlein upgrades W.P. Carey (NYSE:WPC) from Underperform to Neutral.
RBC Capital Maintains Outperform on W.P. Carey, Lowers Price Target to $87
RBC Capital analyst Brad Heffern maintains W.P. Carey (NYSE:WPC) with a Outperform and lowers the price target from $89 to $87.
Earnings Scheduled For October 29, 2021
Companies Reporting Before The Bell
• Sify Technologies (NASDAQ:SIFY) is expected to report quarterly earnings at $0.02 per share on revenue of $97.70 million.