Morgan Keegan Downgrades Three REIT Stocks, But Upgrades One

January 4, 2012 10:32 AM EST
Get Alerts AVB Hot Sheet
Price: $184.06 --0%

Rating Summary:
    13 Buy, 26 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Morgan Keegan lowered its rating on Avalonbay Communities (NYSE: AVB), Government Properties Income Trust (NYSE: GOV) and Home Properties (NYSE: HME) from Outperform to Market Perform. This morning, shares of all three stocks are down between 1.5-1.8%

However, Morgan Keegan raised its outlook on American Campus Communities (NYSE: ACC) to Outperform (from Market Perform)...shares are still trading in the red, currently down 0.8%.


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