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Fly News Breaks for December 15, 2015
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Dec 15, 2015 | 07:16 EDT
Wells Fargo upgraded Realty Income to Outperform after raising its Net Lease REIT sector rating to Market Weight. Realty's group-low cost of capital can drive better-than-average initial investment spreads and continued shares outperformance, Wells argues. It raised its price target range for shares to $53-$54 from $49-$51.
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