Compass Point Reiterates on Gramercy Property Trust, Raises PT
December 31, 2013 at 10:01 AM EST
In a report published Tuesday, Compass Point analyst Ryan Gilbert reiterated a Buy on Gramercy Property Trust (NYSE: GPT ), raising its price target from $6.50 to $7.50. According to the report, On Dec. 20 GPT announced it extended its asset management agreement with KBS to Dec. 31, 2016 with