UPDATE: Jefferies Lowers PT on Associated Estates Realty Following REIT Week
June 11, 2013 at 11:16 AM EDT
In a report published Tuesday, Jefferies analyst Omotayo Okusanya reiterated a Hold rating on Associated Estates Realty(NYSE: AEC ), but lowered the price target from $18.00 to $17.50. In the report, Jefferies noted, “The overall tone at NAREIT in Chicago was positive from most management teams. If we didn't know
