UPDATE: Stifel Nicolaus Upgrades DCT Industrial Trust on Multiple Positive Factors
July 25, 2013 at 11:09 AM EDT
In a report published Thursday, Stifel Nicolaus analyst John Guinee upgraded DCT Industrial Trust (NYSE: DCT ) from Hold to Buy, and named an $8.50 price target. In the report, Stifel Nicolaus noted, “We are upgrading DCT Industrial from Hold to Buy because: 1) its relative valuation is attractive; 2) as