Morgan Keegan Maintains Education Realty Trust Outperform, Lowers PT To $8.50 (EDR)
By Benzinga Staff
February 14, 2011 9:57 AM
February 14, 2011 9:57 AM
Morgan Keegan maintained its Education Realty Trust (NYSE: EDR) Outperform rating and lowered Education Realty Trust's price target to $8.50 from $9 in a research report published today.
In the report, Morgan Keegan states, "We maintain our Outperform rating on shares of EDR, anticipating above-average growth and improved portfolio quality as drivers of upside in 2011."
Shares of Education Realty Trust closed Friday at $7.77, reflecting no change from Thursday's market close.
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