RBC Removes Six REITs From 'Top Pick List', But Adds One

January 3, 2012 2:13 PM EST Send to a Friend
Get Alerts O Hot Sheet
Price: $46.52 +1.33%

Rating Summary:
    3 Buy, 9 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
Trade O Now!
Join SI Premium – FREE
RBC Capital moved retail REITs Realty Income (NYSE: O), Simon Property Group (NYSE: SPG) and Weingarten Realty Investors (NYSE: WRI) off the Top Pick list, downgrading the stocks to Outperform.

RBC also downgrades LaSalle Hotel Properties (NYSE: LHO), Camden Property Trust (NYSE: CPT) and Annaly Capital Mgmt (NYSE: NLY) from Top Pick to Outperform.

The Winner....Kimco (NYSE: KIM) which RBC upgraded this morning, from Outperform to Top Pick, Price Target maintained at $23.

Other downgrades included: Chevron (NYSE: CVX) and TransDigm (NYSE: TDG) which were cut from Top Pick to Outperform.

RBC did make some additions to the Top Pick list today, however, the stocks were not in the REIT sector. Upgrades included Kirby (NYSE: KEX), PVH Corp. (NYSE: PVH), Ameriprise Financial (NYSE: AMP) and Jack in the Box (Nasdaq: JACK)


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Downgrades, Upgrades

Related Entities

RBC Capital

Add Your Comment