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Fly News Breaks for January 15, 2020
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Jan 15, 2020 | 05:01 EDT
Mizuho analyst Haendel St. Juste upgraded Realty Income to Buy from Neutral with an $84 price target. Realty Income's "meaningful acquisition ramp" in 2019, coupled with the low rates and a wide investment spread, should drive an acceleration in the company's 2020 adjusted funds from operations growth to 7%, well above the triple net peer group average, St. Juste tells investors in a research note.
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