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Stifel Nicolaus Downgrades Kilroy Realty (KRC) to Hold

June 1, 2009 12:06 PM EDT
KRC Hot Sheet
Rating Summary:
    4 Buy, 2 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Stifel Nicolaus downgrades Kilroy Realty Corp. (NYSE: KRC) from Buy to Hold.

The downgrade follows Friday's pricing of 8.75 million shares at $20 per share.

Shares of Kilroy fell more than 2% on the news Friday, but the stock is taking back these losses today, currently up 4.5% to $22.25.

Kilroy Realty Corporation is a privately owned real estate investment trust.

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