KeyBanc Downgrades Ramco-Gershenson Properties Trust (RPT) to Sector Weight

KeyBanc analyst Todd Thomas downgraded Ramco-Gershenson Properties Trust (NYSE: RPT) from Overweight to Sector Weight.

The analyst steps to the sidelines citing recent outperformance. He likes managements focus on small-shop leasing, densification, and redevelopment for their value creation potential but feels those are medium-to-long term initiatives.

For an analyst ratings summary and ratings history on Ramco-Gershenson Properties Trust click here. For more ratings news on Ramco-Gershenson Properties Trust click here.

Shares of Ramco-Gershenson Properties Trust closed at $12.87 yesterday.

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