Education Realty Trust (EDR) Declares $0.36 Quarterly Dividend; 3.7% Yield

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Goldman Sachs Downgrades Education Realty Trust (EDR) to Sell

January 15, 2015 6:39 AM EST

Goldman Sachs downgraded Education Realty Trust (NYSE: EDR) from Neutral to Sell with a price target of $35 (from $36).

Analyst Andrew Rosivach said, "EDR has highlighted expense pressures in both real estate taxes and G&A . . We lower our 12-month AFFO-based price target to... More