Freedom Broker analyst Zhiger Kurmet upgraded Realty Income (O) to Buy from Hold with a $69 price target Q1 AFFO of $1.13 per share beat both the firm’s and consensus expectations, notes the analyst, who upgrades shares “on a tactical basis,” citing what the firm sees as improved near-term upside.
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Read More on O:
- Realty Income Launches New At-the-Market Equity Program
- Realty Income’s Earnings Call Signals Confident Expansion
- Eric Borden Maintains Hold on Realty Income as Balanced Risk-Reward Justifies Raising Price Target from $62 to $68
- Realty Income reports Q1 AFFO $1.13, consensus $1.10
- Realty Income raises 2026 AFFO view to $4.41-$4.44 from $4.38-$4.42