BMO Upgrades Whitestone REIT (WSR), Downgrades Cedar Realty Trust (CDR)

April 13, 2012 8:54 AM EDT
Get Alerts WSR Hot Sheet
Price: $18.99 --0%

Rating Summary:
    3 Buy, 9 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 9 | New: 24
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BMO Capital's Paul Adornato issued a pair trade Friday morning, upgrading shares of Whitestone REIT (NYSE: WSR) while at the same time downgrading Cedar Realty Trust (NYSE: CDR).

The analyst now rates Whitestone an Outperform, up from Market Perform previously, and rates Cedar a Market Perform, down from Outperform. Adornato's price target on Whitestone was raised from $14 to $17 while he maintained a $6 target on Cedar.

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