UPDATE: BMO Capital Markets Upgrades Acadia Realty Trust to Outperform, Raises PT
Posted on December 07, 2012 at 09:05 AM EST
In a report published Friday, BMO Capital Markets upgraded its rating on Acadia Realty Trust (NYSE: AKR ) from Market Perform to Outperform, and raised its price target from $25.00 to $30.00. BMO Capital noted, “Although AKR stock has outperformed the REIT Index year to date, we think the company's