Realty Income (O) Maintains Buy Rating Following Dual-Tranche Notes Issuance

Realty Income Corporation (NYSE:O) ranks among the best real estate stocks to invest in. Following the announcement of a dual-tranche senior notes issuance, Stifel reiterated a Buy rating for Realty Income Corporation (NYSE:O) with a price target of $68 on September 26. The company priced a $800 million senior unsecured note issuance in two equivalent tranches: $400 million of 3.95% senior unsecured notes maturing in 2029 and $400 million of 4.50% senior unsecured notes maturing in 2033. Stifel analyst S ...