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Ramco-Gershenson catches downgrade

Jun. 28, 2016 7:52 AM ETRPT Realty (RPT) StockRPTBy: Stephen Alpher, SA News Editor
  • Citing relative valuation after a big run higher for the stock, Boenning & Scattergood's Floris van Dijkum downgrades Ramco-Gershenson Properties Trust (NYSE:RPT) to Underperform from Neutral. The price target of $18 compares to yesterday's close of $18.66.
  • The stock's up by about 25% since October.

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