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Compass Point Initiated Coverage on Several Residential REITs Stocks; Only One with a 'Buy'

January 23, 2012 1:43 PM EST
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Price: $184.06 --0%

Rating Summary:
    13 Buy, 26 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 7 | Down: 10 | New: 19
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This morning, Compass Point initiated coverage on several Residential REITs including:

AvalonBay (NYSE: AVB), Equity Residential (NYSE: EQR), Essex Property Trust (NYSE: ESS), Post Properties (NYSE: PPS) and UDR, Inc. (NYSE: UDR)...all at 'Neutral' ratings.

However, Compass Point did issue one 'Buy' rating...on Home Properties (NYSE: HME).


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