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 9.92

+0.44 +4.64%
Volume: 2,437,048
Track BDN

BXP 63.42

+3.36 +5.59%
Volume: 2,395,715
Track BXP

DCT 4.93

+0.28 +6.02%
Volume: 6,202,554
Track DCT

LXP 4.43

+0.21 +4.98%
Volume: 1,106,272
Track LXP

MAC 31.85

+1.86 +6.20%
Volume: 1,937,450
Track MAC

NHP 34.05

+1.10 +3.34%
Volume: 1,833,936
Track NHP

WRI 19.06

+0.87 +4.78%
Volume: 1,485,178
Track WRI


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