RioCan Real Estate Investment Trust (TSE:REI.UN) Lowered to Hold Rating by Canaccord Genuity Group
Canaccord Genuity Group downgraded shares of RioCan Real Estate Investment Trust (TSE:REI.UN – Free Report) from a buy rating to a hold rating in a report released on Wednesday morning,BayStreet.CA reports. Canaccord Genuity Group currently has C$19.50 target price on the real estate investment trust’s stock, down from their prior target price of C$21.00. REI.UN has been the topic of several other research reports. BMO Capital Markets upgraded shares of RioCan Real Estate Investment Trust from a “market perform” rating to an “outperform” rating and reduced their price objective for...