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W.P. Carey Inc. (NYSE:WPC) Receives Average Recommendation of "Hold" from Analysts
W.P. Carey Inc. (NYSE:WPC) has received a consensus “Hold” rating from analysts, with an average 12-month price target of $71.90. The company recently increased its quarterly dividend to $0.93 per share, resulting in a 5.3% yield, and reported an EPS beat with strong revenue growth. Institutional investors have also adjusted their holdings in the real estate investment trust.