UPDATE: Jefferies Upgrades Federal Realty Investment Trust Following Recent Assembly Row Tour

In a report published Wednesday, Jefferies analyst Omotayo Okusanya upgraded the rating on Federal Realty Investment Trust (NYSE: FRT ) from Hold to Buy, and raised the price target from $112.00 to $116.00. In the report, Jefferies noted, “Based on our recent tour of Assembly Row, we are now convinced