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Analysts Offer Insights on Real Estate Companies: Realty Income (O) and Digital Realty (DLR)

Tipranks - Fri Jun 5, 8:12AM CDT

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Realty Income (O) and Digital Realty (DLR) with bullish sentiments.

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Realty Income (O)

In a report released today, Simon Yarmak from Stifel Nicolaus maintained a Buy rating on Realty Income, with a price target of $70.50. The company’s shares closed last Thursday at $60.42.

According to TipRanks.com, Yarmak is a 5-star analyst with an average return of 7.4% and a 60.1% success rate. Yarmak covers the NA sector, focusing on stocks such as SmartStop Self Storage REIT, Inc., Alpine Income Property Trust Inc, and Essential Properties Realty. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Realty Income with a $68.89 average price target, a 15.4% upside from current levels. In a report issued on May 23, TipRanks – OpenAI also upgraded the stock to Buy with a $69.00 price target.

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Digital Realty (DLR)

Stifel Nicolaus analyst Erik Rasmussen maintained a Buy rating on Digital Realty today and set a price target of $235.00. The company’s shares closed last Wednesday at $183.50.

Rasmussen has an average return of 13.1% when recommending Digital Realty. ;'>

According to TipRanks.com, Rasmussen is ranked #117 out of 12292 analysts.

Digital Realty has an analyst consensus of Moderate Buy, with a price target consensus of $217.95, which is a 15.8% upside from current levels. In a report released yesterday, Citi also maintained a Buy rating on the stock.

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