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Mizuho Securities announced VEREIT (NYSE:VER), boosting its stock price target to $9.50 today

Just yesterday VEREIT (NYSE:VER) traded 0.94% higher at $9.70. VEREIT’s 50-day moving average is $10.12 and its 200-day moving average is $9.87. The last stock price is down -1.76% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 6,665,295 shares of VER traded hands, down from an average trading volume of 9,474,630

In a report released on 10/14/2016 Mizuho Securities increased the stock price target of VEREIT (NYSE:VER) to $9.50 reporting a possible downside of -0.02%.

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VEREIT has 52 week low of $6.68 and a 52 week high of $11.09 and has a market capitalization of $0.

In addition to Mizuho Securities reporting its stock price target, a total of 6 brokerages have issued a ratings update on the company. The average stock price target is $9.21 with 0 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 8 brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.


VEREIT, Inc. is a full-service real estate operating company. The Company owns and manages a diversified portfolio of retail, restaurant, office and industrial real estate assets, including 4,291 properties totaling approximately 98.7 million square feet. In addition, the Company manages real estate investments on behalf of the Cole Capital.

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