GBE Sees Better Operating Environment

Symbols: GBE
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Analysts at JMP Securities upgrade Grubb & Ellis (NYSE: GBE) from "market perform" to "outperform." The target price for GBE is set to $2.50.

GBE was upgraded following the improvement in its operating environment. According to JMP Securities, GBE’s balance sheet and valuation also witnessed improvements.

GBE’s shares gained 1.32% to reach $1.53 yesterday. More Analyst Ratings here


 
 
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