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Baird raises Piedmont Office, cuts Franklin Street, Landmark, CatchMark

|About: Piedmont Office Realty Trus... (PDM)|By: , SA News Editor

Baird analyst Dave Rogers raises Piedmont Office Realty Trust (NYSE:PDM) to Outperform from Neutral and sets price target at $26.

PDM gains 0.2% in after-hours trading.

Downgrades Franklin Street Properties (NYSEMKT:FSP) to Neutral from Outperform and sets price target at $10.

Cuts Landmark Infrastructure Partners (NASDAQ:LMRK) to Neutral from Outperform; price target at $18.

CatchMark Timber (NYSE:CTT) cut to Neutral from Outperform; PT $12.

Baird's Outperform on Piedmont rating contrasts with Quant rating of Neutral.