Jefferies Downgrades Ramco-Gershenson Properties Trust (RPT) to Hold

May 2, 2011 12:15 PM EDT
Get Alerts RPT Hot Sheet
Price: $13.35 +2.38%

Rating Summary:
    5 Buy, 11 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 6 | Down: 4 | New: 7
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An analyst at Jefferies downgraded shares of Ramco-Gershenson Properties Trust (NYSE: RPT) from Buy to Hold in a mid-day research note Monday. The firm maintains a $14 price target.

Shares have dipped well into negative territory following the intraday downgrade. Ramco-Gershenson shares last traded at $12.78, down nearly 0.9 percent from Friday's closing price.

For more ratings news on Ramco-Gershenson Properties Trust click here and for the rating history of Ramco-Gershenson Properties Trust click here.


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