J.P. Morgan Upgrades Several REITs

January 13, 2009 8:13 AM EST

J.P. Morgan upgrades Boston Properties (NYSE: BXP), Brandywine Realty Trust (NYSE: BDN), Macerich Co. (NYSE: MAC) and Nationwide Health Properties (NYSE: NHP) from Neutral to Overweight.

J.P. Morgan upgrades DCT Industrial (NYSE: DCT), Lexington Realty Trust (NYSE: LXP) and Weingarten Realty (NYSE: WRI) from Underweight to Neutral.

Boston Properties, Inc. is a fully integrated self-administered and self-managed real estate investment trust (REIT), and an owner and developer of office properties in the United States.


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Upgrades

Stocks Mentioned

BDN 9.95

+0.13 +1.32%
Volume: 2,425,190
Track BDN

BXP 67.97

+0.99 +1.48%
Volume: 2,065,945
Track BXP

DCT 4.84

+0.09 +1.89%
Volume: 2,439,260
Track DCT

LXP 5.02

+0.16 +3.29%
Volume: 858,514
Track LXP

MAC 29.90

+0.14 +0.47%
Volume: 1,973,036
Track MAC

NHP 34.07

+0.06 +0.18%
Volume: 1,567,770
Track NHP

WRI 19.47

+0.06 +0.31%
Volume: 1,440,700
Track WRI


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