SPG, EGP, SLG, CHCT Upgraded; SUI, REG Downgraded: Evercore ISI Ratings Update
Monday, 16 September 2024, 16:15
Recent Upgrades and Downgrades by Evercore ISI
Evercore ISI has recently updated its ratings on several real estate investment trusts (REITs) based on current market conditions and anticipated growth potential.
Upgraded REITs
- SPG: Upgrade to reflect strong market positioning.
- EGP: Increased ratings owing to robust property management.
- SLG: Growth catalysts identified in urban development.
- CHCT: Upgraded based on resilient healthcare properties.
Downgraded REITs
- SUI: Downgraded due to concerns over portfolio performance.
- REG: Reflects slow growth in its market segment.
This ratings shift, particularly with the Fed potentially easing monetary policy, may present both opportunities for investors and caution regarding certain REITs.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.