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W.P. Carey price target raised to $70 from $66 at Evercore ISI

Evercore ISI analyst James Kammert raised the firm’s price target on W.P. Carey (WPC) to $70 from $66 and keeps an In Line rating on the shares. In a broad REIT note, the analyst rolled forward models to incorporate the firm’s 2027 AFFO estimates into its price target framework.

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