trending Market Intelligence /marketintelligence/en/news-insights/trending/e18sZGS5_lZDLm_MU9M5bg2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Stifel Nicolaus & Co. upgrades Piedmont Office Realty Trust to 'hold'

Video

Climate Credit Analytics: Linking climate scenarios to financial impacts

Blog

Real Estate News & Analysis: April Edition

Blog

COVID-19 Impact & Recovery: Investment Banking

Blog

COVID-19 Impact & Recovery: Academia


Stifel Nicolaus & Co. upgrades Piedmont Office Realty Trust to 'hold'

StifelNicolaus & Co. Inc. analyst John Guinee raised his investment opinion of to "hold"from "sell," and increased his price target to $20.50 from $18.

The analyst wrote in a research report, "We are upgradingPiedmont Realty … as 1) we think the valuation gap between the Gateway City officeREITs and low barrier office REITs such as PDM is likely to contract, 2) PDM hasrelatively attractive stock valuation metrics, 3) a potential for dividend growth,and 4) reasonable real estate valuation metrics."