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NNN REIT upgraded to Overweight from Equal Weight at Morgan Stanley

Morgan Stanley upgraded NNN REIT (NNN) to Overweight from Equal Weight with a $48 price target Tenant risk is expected to lead to muted growth in 2025, but this “may already be in the price,” says the analyst, who adds that management has a “proven track record” and the company has 35 years of continued dividend growth.

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