Seeking Alpha

Net-lease players get upgrade after tough run

  • Robert Baird is seeing value in the retail net-lease stocks after their prices have been hit hard by rising interest rates.
  • Both National Retail Properties (NNN +1.2%) and Realty Income (O +1.3%) are upped to Buys with a $37 PT for NNN and $47 for O. It's the second upgrade to Buy for NNN this week (previous one).
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