UPDATE: Compass Point Reiterates Buy Rating, Lowers PT on Winthrop Realty Trust on Ex-Date of First Liquidation Dividend

In a report published Wednesday, Compass Point analyst Wilkes Graham reiterated a Buy rating on

, but lowered the price target from $21.00 to $19.00. In the report, Compass Point noted, “We are reiterating our Buy rating on shares of FUR and adjusting our price target to $19 from $21 to account for (a) the $2.25 special dividend that went ex- today and (b) $0.07 is net accretion to our previous NAV from recently announced asset sales.” Winthrop Realty Trust closed on Tuesday at $15.66.