Realty Income price target raised to $68 from $65 at Barclays

Barclays analyst Richard Hightower raised the firm’s price target on Realty Income (O) to $68 from $65 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the net lease real estate investment trust group as part of a Q1 preview. It seems to be a “Goldilocks” environment for much of net lease right now, the analyst tells investors in a research note. Barclays expects issuance announcements and several acquisition volume guidance increases.