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News Breaks | | | | January 16, 2013 | | 06:11 EDT |  | STAG, EGP, PLD, DCT | Industrial 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). | |
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News For EGP;DCT;PLD;STAG From The Last 14 Days Check below for free stories on EGP;DCT;PLD;STAG the last two weeks. |
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| May 22, 2013 | | 19:40 EDT |  | PLD | Blackstone, ProLogis pay $960M for warehouse portfolio, Reuters reports
Blackstone (BX) and ProLogis (PLD) have agreed to pay $960M for a portfolio of warehouse and distribution centers majority owned by Lehman Brothers, reports Reuters, citing two sources familiar with the deal. Reference Link | |
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