UPDATE: JPMorgan Upgrades Washington Real Estate Investment Trust (WRE) to Neutral

July 2, 2020 4:38 AM EDT
Get Alerts WRE Hot Sheet
Price: $24.89 -0.76%

Rating Summary:
    0 Buy, 8 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 4 | Down: 5 | New: 5
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(Updated - July 2, 2020 6:01 AM EDT)

(updating comment)

JPMorgan analyst Anthony Paolone upgraded Washington Real Estate Investment Trust (NYSE: WRE) from Underweight to Neutral with a price target of $24.00 (from $22.00).

The analyst comments "WRE continues to shift focus towards multifamily, which we think is positive. We think the D.C. metro should have relatively more stability than some other metros in the county due to federal government employment."

For an analyst ratings summary and ratings history on Washington Real Estate Investment Trust click here. For more ratings news on Washington Real Estate Investment Trust click here.

Shares of Washington Real Estate Investment Trust closed at $22.52 yesterday.


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