Jefferies Upgrades National Retail Properties (NNN) to Buy

July 14, 2011 7:38 AM EDT
Get Alerts NNN Hot Sheet
Price: $46.00 -0.52%

Rating Summary:
    7 Buy, 15 Hold, 3 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Jefferies upgraded National Retail Properties (NYSE: NNN) from Hold to Buy and raises their price target from $28 to $29.

The firm said, "We recommend adding stocks in defensive sectors, but which have offensive characteristics, strong earnings growth, and attractive valuations."

For more ratings news on National Retail Properties click here and for the rating history of National Retail Properties click here.

Shares of National Retail Properties closed at $25.56 yesterday.


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