UPDATE: J.P. Morgan Raises Stag Industrial's PT

According to a research report published this morning, J.P. Morgan has increased Stag Industrial's

PT from $13 to $14. In the report, J.P. Morgan said, "After updating our model following 1Q earnings, we are raising our 2012 normalized FFO estimate $0.05, to $1.17 and raising our 2013 estimate $0.15, to $1.32. We are also raising our year-end 2012 target price from $13 to $14." J.P. Morgan maintains its Neutral rating on Stag Industrial, which closed yesterday at $13.51.