Morgan Keegan maintained its Education Realty Trust 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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