Apr. 14 at 3:05 PM
$WPC From March “… the risk-off tape has made net lease a near-term hideout. In this environment, Wells continues to prefer the names with quality credit tenants and strong coverage profiles that also have enough spread to rates on their costs of capital for accretive investment that can weather volatility and drive upside to guidance.”
Agreed. Looking at Price to FFO I think WPC has the low
$70S in it in the next 12-18 months. And you get 6%+ in Div to wait. Can’t complain about that… lol Buying what I can for the income while the price is right. GLA! 🍻
W.P. Carey price target raised to
$66 from
$58 at Wells Fargo - TipRanks.com https://www.tipranks.com/news/the-fly/w-p-carey-price-target-raised-to-66-from-58-at-wells-fargo