Cowen & Company Initiates Realty Income With Market Perform

Analysts at Cowen & Company initiated coverage on Realty Income Corp O with a Market Perform rating. The target price for Realty Income is set to $46. Realty Income shares have gained 3.18 percent over the past 52 weeks, while the S&P 500 index has surged 7.33 percent in the same period. Realty Income shares fell 0.60 percent to close at $45.07 yesterday.