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Fly News Breaks for May 7, 2019
WPC
May 7, 2019 | 19:14 EDT
MUFG analyst Karin Ford lowered her price target on W.P. Carey to $77 and kept her Neutral rating after its Q1 earnings missed consensus. The analyst says the quarter was "noisy" and the company's organic growth remains above the peer average 1.5%, attributing the slight price target reduction to later timing on investments and lower lease termination revenue.
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