Market Overview

UPDATE: Stifel Nicolaus Downgrades Kilroy Realty Corporation to Hold on Valuation

Related KRC
Benzinga's Top Upgrades
Office Space: Baird's Top 5 REITs
REIT Focus: Kilroy Realty Corporation (GuruFocus)

Stifel Nicolaus reduced its rating on Kilroy Realty Corporation (NYSE: KRC) from Buy to Hold and suspended its previous $52 price target.

Stifel Nicolaus commented, "After returning 22.0% YTD vs the RMZ at 11.9%, and with shares trading near the high end of our NAV range ($42-$47/sh), we are downgrading on valuation. We continue to like the Kilroy strategy as we believe active value-add investing and harvesting profits outweighs the buy and hold mentality."

Kilroy Realty Corporation closed at $46.45 on Tuesday.

Latest Ratings for KRC

Oct 2016Bank of AmericaUpgradesNeutralBuy
Aug 2016BTIG ResearchInitiates Coverage onBuy
Jul 2016CitigroupMaintainsNeutral

View More Analyst Ratings for KRC
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Downgrades Intraday Update Analyst Ratings


Related Articles (KRC)

View Comments and Join the Discussion!