Scotiabank Raises Price Target for W. P. Carey as Net Lease REITs Show Stronger AFFO
On May 12, Scotiabank increased its price target for W. P. Carey (WPC) to $79 from $73 while maintaining a Sector Perform rating. The move follows stronger-than-expected Q1 earnings and higher investment guidance across the net lease REIT sector.
Topics: AFFO RBC Capital REITs Scotiabank WPC