UPDATE: Jefferies Reiterates Buy Rating, Raises PT on Lexington Realty Trust on Solid Foundation
Posted on February 22, 2013 at 10:01 AM EST
In a report published Friday, Jefferies reiterated its Buy rating on Lexington Realty Trust (NYSE: LXP ), and raised its price target from $11.00 to $13.00. Jefferies noted, “While guidance for 2013 was in-line with expectations, we believe LXP is setting a solid foundation for growth in 2014 and beyond,