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 10.08

+0.10 +1.00%
Volume: 1,591,723
Track BDN

BXP 66.70

+1.20 +1.83%
Volume: 1,871,672
Track BXP

DCT 4.75

+0.07 +1.50%
Volume: 2,860,762
Track DCT

LXP 4.84

-0.02 -0.41%
Volume: 1,284,349
Track LXP

MAC 29.90

-0.12 -0.40%
Volume: 2,479,714
Track MAC

NHP 33.35

+0.35 +1.06%
Volume: 1,148,113
Track NHP

WRI 19.18

+0.34 +1.80%
Volume: 1,064,981
Track WRI


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