Posts for Ticker ‘WRI’

Top 10 Analyst Calls (CMG, FTO, GS, NTAP, OSG, SBUX, SYY, TK, WRI, YUM)

These are the top 10 analyst calls we have seen early this Wednesday morning from Wall Street:

Chipotle Mexican Grill (CMG) Raised to Outperform at William Blair.
Frontier Oil (FTO) Cut to Hold at Deutsche Bank.
Goldman Sachs (GS) Cut to Neutral at JPMorgan.
Network Appliance (NTAP) Raised to Buy at Merriman Curhan Ford.
Overseas Shuipholding (OSG) Cut to Neutral at JPMorgan.
Starbucks (SBUX) Cut to Sell at Deutsche Bank.
Sysco (SYY) Cut to Neutral at JPMorgan.
Teekay (TK) Cut to Neutral at JPMorgan.
Weingarten Realty (WRI) Raised to Market Perform at Wachovia.
YUM Brands (YUM) Raised to Overweight at JPMorgan.
JON C. OGG

Stifel Nicolaus Slashes REIT Ratings

The brokerage and research firm Stifel Nicolaus has decided that REITS are either at or are close to their inflection points.  REITs have been very strong performers in light of many large mergers, although they have already taken a decent breather in the last two weeks or so as the pace of mergers in the group has quieted down.

Most of the analyst ratings out of Stifel Nicolaus today are a downgrade from “BUY” to “HOLD.”  Here is a partial list of the liquid REIT stocks that saw downgrades today:

American Financial Realty Trust (AFR), Boston Properties (BXP), Brookfield Properties (BPO), BRT Realty Trust (BRT), Capital Trust (CT), Cedar Shopping Centers (CDR), Highwoods Properties (HIW), KIMCO Realty (KIM), Kite Realty (KRG), Newcastle Investment Corp. (NCT), Northstar Realty (NRF), ProLogis (PLD), Quadra Realty (QRR), Simon Properties (SPG), SL Green Realty (SLG), Washington REIT (WRE), Weingarten Realty (WRI). 

Jon C. Ogg
Jun 11, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Pre-Market Analyst Calls (June 5, 2007)

AAP raised to Neutral at JPMorgan.
ALDN cut to Mkt Perform at FBR.
ALY started as Outperform at Wachovia.
BEBE cut to Mkt Perform at FBR.
BEN cut to Underweight at JPMorgan.
BHP raised to Buy at Citigroup.
CPO started as Buy at BB&T.
CRZO started as Buy at Sun Trust Robinson Humphrey.
FIF raised to Outperform at Piper Jaffray.
HAS cut to Underweight at JPMorgan.
JNPR cut to Neutral at UBS.
OCNF started as Buy at Cantor Fitzgerald.
OHI started as Neutral at UBS.
OPWV cut to Underweight at JPMorgan; cut to Underperform at CIBC.
ORBC started as Mkt Perform at Piper Jaffray.
REG started as Neutral at Baird.
SFLY started as Strong Buy at JMP Securities.
SWIR raised to Outperform at CIBC.
SLR raised to Neutral at Credit Suisse.
TELK cut to Mkt Perform at Wachovia.
TRMP cut to Underperform at Bear Stearns.
WRI started as Outperform at Baird.
XEC cut to Neutral at UBS.

Jon C. Ogg
June 5, 2007