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NNN REIT (NNN) Gets a Sell from Barclays

Tipranks - Tipranks - Thu Jan 15, 3:44AM CST

In a report released today, Richard Hightower from Barclays maintained a Sell rating on NNN REIT, with a price target of $43.00.

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According to TipRanks, Hightower is an analyst with an average return of -2.8% and a 35.90% success rate. Hightower covers the Real Estate sector, focusing on stocks such as Agree Realty, W. P. Carey Inc., and Gaming and Leisure.

The word on The Street in general, suggests a Hold analyst consensus rating for NNN REIT with a $43.88 average price target.

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Based on NNN REIT’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $230.16 million and a net profit of $96.84 million. In comparison, last year the company earned a revenue of $218.56 million and had a net profit of $97.9 million

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