Citi Upgrades CSA To Buy Rating

Citi has upgraded Cogdell Spencer Inc (NYSE" CSA) to Buy from a Hold Rating.

According to Citi, "CSA's valuation has reached an attractive level with a number of upside catalysts, both on a stand-alone basis and as a potential acquisition target over the medium term… Upgrade to Buy from Hold and reduce risk rating to High from Speculative. Maintain $6.50 target price."

CSA closed at $5.67 yesterday.