Generation Income Properties upgraded to Buy from Hold at Maxim

Maxim upgraded Generation Income Properties to Buy from Hold with a $5 price target. The company’s Q4 core FFO reported last week exceeded its quarterly dividend of $0.117, yielding 12.6% annually, the analyst tells investors in a research note. Maxim adds that its rating change is based on the REIT’s dividend coverage and the 47% total return potential.