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Stock Market & Financial Investment News

News Breaks
January 16, 2013
06:11 EDTPLD, DCT, STAG, EGPIndustrial REIT sector downgraded to Market Weight at Wells Fargo
Wells Fargo downgraded the Industrial REIT sector to Market Weight from Overweight citing a lack of compelling valuations in the group. The firm downgraded shares of EastGroup Properties (EGP) to Market Perform from Outperform, keeps an Underperform rating on DCT Industrial (DCT), an Outperform rating on ProLogis (PLD), and Market Perform rating on STAG Industrial (STAG).
News For EGP;DCT;PLD;STAG From The Last 14 Days
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February 5, 2016
10:02 EDTDCTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Abbott (ABT) upgraded on valuation at Argus... Allstate (ALL) upgraded to Buy from Neutral at Citi... CACI (CACI) upgraded to Buy from Neutral at Citi... Coca-Cola Enterprises (CCE) upgraded to Neutral from Negative at Susquehanna... Coca-Cola (KO) upgraded to Neutral from Negative at Susquehanna... Comcast (CMCSA) upgraded following Q4 results at Argus... DCT Industrial (DCT) upgraded to Neutral from Underperform at Credit Suisse... Fluidigm (FLDM) upgraded to Buy from Neutral at Mizuho... Glu Mobile (GLUU) upgraded to Buy from Hold at Benchmark... Goldman Sachs (GS) upgraded to Buy at UBS... JPMorgan (JPM) upgraded to Buy from Neutral at UBS... KeyCorp (KEY) upgraded to Buy from Neutral at UBS... Kona Grill (KONA) upgraded to Outperform from Market Perform at Telsey Advisory... LPL Financial (LPLA) upgraded to Neutral at Susquehanna... Level 3 (LVLT) upgraded to Overweight from Equal Weight at Stephens... Resolute Forest (RFP) upgraded to Outperform from Sector Perform at RBC Capital... Suburban Propane (SPH) upgraded to Buy from Neutral at Citi... Sysco (SYY) upgraded at Argus... U.S. Concrete (USCR) upgraded to Buy from Neutral at Citi... Ubiquiti (UBNT) upgraded to Buy from Hold at Wunderlich... United Natural Foods (UNFI) upgraded to Sector Perform from Underperform at RBC Capital... Weatherford (WFT) upgraded to Strong Buy from Market Perform at Raymond James... Whole Foods (WFM) upgraded to Neutral from Underperform at Longbow... Wi-LAN (WILN) upgraded to Speculative Buy from Hold at Canaccord.
08:42 EDTDCTDCT Industrial reported strong Q4 results, says Wells Fargo
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08:32 EDTDCTDCT Industrial upgraded to Neutral from Underperform at Credit Suisse
Credit Suisse upgraded DCT Industrial to Neutral following the better than expected Q4 report and said shares are no longer expensive relative to their growth profile. The firm maintained its $40 price target on DCT shares.
February 4, 2016
16:21 EDTDCTDCT Industrial sees 2016 FFO $2.07-$2.17, consensus $2.10
16:20 EDTDCTDCT Industrial reports Q4 FFO 53c, consensus 51c
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February 1, 2016
16:22 EDTEGPEastGroup Properties sees FY16 FFO $3.93-$4.03, consensus $3.95
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16:22 EDTEGPEastGroup Properties reports Q4 FFO 94c, consensus 95c
Reports Q4 revenue $61.02M, consensus $59.41M.
09:06 EDTPLDPrologis announces $882M increase in equity commitment to Prologis China venture
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