Merrill Lynch Downgrades BRE Properties (BRE) to Neutral

July 30, 2008 7:57 AM EDT

Merrill Lynch downgrades BRE Properties (NYSE: BRE) from Buy to Neutral.

BRE Properties, Inc. (BRE) is a self-administered equity real estate investment trust (REIT) that focuses on the development, acquisition and management of multifamily apartment communities in six targeted metropolitan markets of the Western United States.


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BRE 30.63

+0.24 +0.79%
Volume: 147,048
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