RBC Capital Swaps Four Office REITs: Upgrades PDM & HIW; Downgrades BXP & OFC

January 11, 2012 11:11 AM EST
Get Alerts BXP Hot Sheet
Price: $67.46 -0.47%

Rating Summary:
    20 Buy, 15 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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RBC Capital Swaps some Office REITs, downgrading Boston Properties (NYSE: BXP) and Corporate Office Properties Trust (NYSE: OFC) from Outperform to Sector Perform. RBC cut respective price targets to $110 and $23.

RBC moves Piedmont Office Realty Trust (NYSE: PDM) and Highwoods Properties (NYSE: HIW) to Outperform status from Sector Perform. Price targets were each lowered by $1 to $19 and $33, respectively.


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