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W.P. Carey price target lowered to $68 from $70 at JPMorgan

W.P. Carey price target lowered to $68 from $70 at JPMorgan

JPMorgan analyst Anthony Paolone lowered the firm’s price target on W.P. Carey to $68 from $70 and keeps an Overweight rating on the shares. The analyst updated the company’s model and while the firm’s estimates remain below the Street, it still likes the stock.

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