- Weyerhaeuser (WY +0.7%) is upgraded to Strong Buy with $36 price target, suggesting 16% upside from last week's close. Kite Realty Group (KRG +0.3%) is also raised to Strong Buy, with $29 price target suggesting 20% upside.
- Lifted to Outperform are Kimco (KIM -0.3%), LaSalle Hotel (LHO -0.3%), Brandywine Realty (BRG +2.2%), Rayonier (RYN +1.1%), and Washington REIT (WRE +0.5%).
- Downgraded to Market Perform are Cedar Realty (CDR -4.1%), EastGroup (EGP -1.1%), Easterly Government Properties (DEA -0.7%), Corporate Office Properties (OFC -0.4%), and Regency Centers (REG -0.7%).
- Cut to Underperform is Realty Income (O -0.2%).