KeyBanc Upgrades ProLogis (PLD) to Buy

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Wells Fargo Upgrades ProLogis (PLD) to Outperform

June 17, 2013 6:53 AM EDT

Wells Fargo upgraded ProLogis (NYSE: PLD) from Market Perform to Outperform and raised its valuation range to $40.00 to $43.00 from $38.00 to $41.00 saying PLD offers a compelling growth opportunity at a reasonable value.

Analyst Brendan Maiorana comments, "We downgraded PLD in late January based on our more cautious stance on the industrial REIT... More

Avoid REITS with Long-Term Bond-Like Leases – Analyst (VTR) (MPW) (EPR) (LXP)

June 13, 2013 11:56 AM EDT

With bond yields rising, investors are increasingly interested in how equities will response to expectations of Fed tapering. Commenting, Keybanc analyst Jordan Sadler note that Fed stimulus appears to have reached an inflection point, and accordingly he shifted sector weighting recommendations for REITS toward the shorter term lease sectors and away from sectors with longer term, bond-like leases.

"We... More