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  "documentTitle": "Realty Income Corp (O)",
  "authorId": "54_Spruce_Point_Capital",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2018-02-07 00:00:00",
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      "kind": "callout",
      "text": "We applaud Goldman Sachs for being the lone skeptic and below market price target on O Realty. We expect other brokers to follow with downgrades.",
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      "text": "Price Target: $59.00",
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      "kind": "paragraph",
      "text": "O Realty's bullish analysts point to its advantageous cost of capital, and relative balance sheet strength. We believe that the analyst community needs to spend more time analyzing the core \"organic\" growth profile of the Company. We also believe that the underlying systemic pressures in some of its major retail sub-sectors needs to be a risk that investors are appropriately compensated for. We applaud Goldman Sachs for being the lone skeptic and below market price target on O Realty. We expect other brokers to follow with downgrades.",
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      "text": "Source: Bloomberg (1) Includes analysts that provide price targets (2) Based on $50 / share",
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      "text": "Broker, Recommendation, Price Target table for O Realty",
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      "kind": "title",
      "text": "Analyst Always Bullish, Still See 18% Upside In O Realty",
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      "evidence": "Spruce Point Estimates 30% - 45% Downside, Appendix: REIT Case Studies of Declining Growth And Market Reaction",
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