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Fly News Breaks for October 22, 2015
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Oct 22, 2015 | 08:14 EDT
BofA/Merrill upgraded Realty Income to Buy and increased its price target to $55 from $50 on shares. Analyst Juan Sanabria is assuming stronger deal volume and a higher FFO multiple and said the company's strong cost of capital allows it to generate larger spreads on acquisitions versus peers.
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