In the good books
- Charter Hall Long WALE REIT (CLW) was upgraded to Neutral from Underperform by Macquarie
Macquarie upgrades to Neutral from Underperform, to reflect a new valuation methodology. The broker assesses the portfolio is backed by long-term sustainable cash flow that is attractive for those investors seeking income return.
Underlying growth is supported by fixed and CPI-linked annual reviews. Target is raised to $5.88 from $4.74