Raymond James cut the price target for W. P. Carey Inc. (NYSE: WPC) from $85 to $78. Raymond James analyst RJ Milligan maintained an Outperform rating. W. P. Carey shares fell 0.3% to $70.11 in pre-market trading.
Companies Reporting Before The Bell
• Optical Cable (NASDAQ:OCC) is expected to report earnings for its second quarter.
• ECARX Holdings (NASDAQ:ECX) is estimated to report earnings for its first quarter.
The CNN Money Fear and Greed index showed some improvement in overall sentiment among U.S. investors on Friday.
The Dow recorded gains for the fourth straight session on Friday ahead of inflation data and the Federal Reserve’s policy decision. The Nasdaq recorded its seventh consecutive winning week.