RBC Removes Six REITs From 'Top Pick List', But Adds One
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Price: $50.63 -3.4%
Rating Summary:
4 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
Rating Summary:
4 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
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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)
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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)
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