Cantor Fitzgerald Downgrades Equity LifeStyle Properties (ELS) to Hold

April 12, 2013 7:08 AM EDT Send to a Friend
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Price: $54.36 -0.17%

Rating Summary:
    4 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 2 | New: 11
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Cantor Fitzgerald downgraded Equity LifeStyle Properties (NYSE: ELS) from Buy to Hold with a price target of $75.50.

Analyst David Toti said, "The downgrade is predicated upon strong absolute and relative performance in the shares, which have risen 20.0% YTD, outpacing the RMZ by 8.1% and S&P 500 Index by 8.3%. The achievement of our price target, absent meaningful visibility to additional catalysts, causes us to take a more neutral view."

For an analyst ratings summary and ratings history on Equity LifeStyle Properties (NYSE: ELS) click here. For more ratings news on Equity LifeStyle Properties click here.

Shares of Equity LifeStyle Properties closed at $80.45 yesterday.

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