Merrill Lynch Upgrades Federal Realty Investment Trust (FRT) to Buy
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Merrill Lynch upgrades Federal Realty Investment Trust (NYSE: FRT) from Neutral to Buy.
Federal Realty Investment Trust (Trust) is an equity real estate investment trust (REIT) specializing in the ownership, management, development and redevelopment of retail and mixed-use properties located primarily in densely populated and communities in metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California.
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