WP Carey (NYSE:WPC) Upgraded to “Hold” at Zacks Investment Research
Zacks Investment Research upgraded shares of WP Carey (NYSE:WPC) from a sell rating to a hold rating in a research note published on Saturday morning, Zacks.com reports.
According to Zacks, “W. P. Carey Inc. is a real estate investment trust engaged in providing long-term sale-leaseback and build-to-suit financing for companies. The firm primarily invests in commercial properties that are generally triple-net leased to single corporate tenants including office, warehouse, industrial, logistics, retail, hotel, R&D, and self-storage properties. W. P. Carey Inc., formerly known as W. P. Carey & Co. LLC, is based in New York. “
WPC has been the subject of several other research reports. BMO Capital Markets initiated coverage on shares of WP Carey in a research report on Friday, Oc ...