Morgan Keegan Reiterates Outperform on Lexington Realty Trust

Morgan Keegan is out with its report today on Lexington Realty Trust (NYSE:
LXP
), reiterating Outperform. In its report, Morgan Keegan writes, "We reiterate our Outperform rating on LXP. Valuation remains attractive, and we look for significant (8-10%) annual dividend increases over the next several years." Morgan Keegan maintains a $12 PT on LXP. Shares of LXP closed Monday at $6.85, down 3.52% from Friday's close.
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