W.P. Carey price target raised to $72 from $68 at Barclays

Barclays raised the firm’s price target on W.P. Carey (WPC) to $72 from $68 and keeps an Underweight 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.