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W.P. Carey upgraded to Outperform from Market Perform at Raymond James

Raymond James upgraded W.P. Carey (WPC) to Outperform from Market Perform with a $76 price target Raymond James adjusted ratings in the net lease real estate investment trust group given the year-to-date performance in several names. W.P. Carey’s “re-loaded” balance sheet should support investment volume upside in 2026, the analyst tells investors in a research note. The firm says the company’s “attractive” investment spreads and low cost of capital for the upgrade.

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