Barclays analyst Richard Hightower last night downgraded Federal Realty (FRT) to Equal Weight from Overweight with a price target of $106, down from $113. The firm adjusted ratings in the real estate investment group following a round of model updates post the Q3 reports.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FRT:
- Federal Realty downgraded to Equal Weight from Overweight at Barclays
- Federal Realty price target raised to $113 from $108 at BofA
- Federal Realty’s Record Leasing and Growth Outlook
- Federal Realty price target lowered to $105 from $106 at Evercore ISI
- Federal Realty’s Strong Financial Performance and Strategic Initiatives Justify Buy Rating