Realty Income (O) Gains Analyst Attention After Solid Q3 Showing
Core Insights - Realty Income Corporation (NYSE:O) is recognized as one of the 15 Best Boring Dividend Stocks to Buy, indicating its stable investment profile [1] - Wells Fargo analyst John Kilichowski raised the price target for Realty Income to $60 from $59, maintaining an Equal Weight rating, reflecting confidence in the company's performance despite broader economic concerns [2] - Realty Income owns over 15,500 properties, with retail accounting for approximately 80% of its annual rent, showcasing a diversified portfolio [3] - The company has a strong track record of increasing dividends for over 30 years, supported by an investment-grade balance sheet, which underscores its disciplined management [4]