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 10.77

+0.42 +4.06%
Volume: 1,642,789
Track BDN

BXP 69.98

+1.24 +1.80%
Volume: 2,452,084
Track BXP

DCT 4.98

+0.23 +4.84%
Volume: 3,591,448
Track DCT

LXP 5.26

+0.15 +2.94%
Volume: 878,097
Track LXP

MAC 30.34

+0.50 +1.68%
Volume: 2,729,112
Track MAC

NHP 34.89

+0.81 +2.38%
Volume: 1,354,178
Track NHP

WRI 19.60

+0.41 +2.14%
Volume: 1,884,061
Track WRI


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