trending Market Intelligence /marketintelligence/en/news-insights/trending/e18sZGS5_lZDLm_MU9M5bg2 content esgSubNav
In This List

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

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


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."