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Enter Symbol:
Cedar Shopping Centers Inc (CDR) [hlAlert]

down 5.80 %

Cedar Shopping Centers Inc (CDR) rated Underperform by BofA/Merrill

Posted on: Tuesday,  Dec 17, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform Cedar Shopping Centers Inc (NYSE: CDR) on 12/17/2013, when the stock price was $6.00. Since
then, Cedar Shopping Centers Inc has gained 6.17% as of 12/17/2015's recent price of $6.37.
If you would have followed this BofA/Merrill's recommendation on CDR, you would have lost 5.8% of your investment in 730 days.

Cedar Shopping Centers, Inc. is an integrated real estate investment trust which focuses primarily on ownership, operation, development and redevelopment of supermarket-anchored shopping centers in mid-Atlantic and Northeast coastal states. At December 31, 2008, the Company had a portfolio of 121 operating properties totaling approximately 12.1 million square feet of gross leasable area (GLA), including 111 wholly owned properties comprising approximately 10.9 million square feet and 10 properties owned in joint venture comprising approximately 1.2 million square feet. During the year ended December 31, 2008, the Company acquired four shopping and convenience centers aggregating approximately 268,000 square feet (sq. ft.) of GLA. The Company also purchased the joint venture minority interests in four properties, and acquired approximately 182 acres of land, located in Pennsylvania, for development, expansion and/or future development.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2013 8:25 AM Sell
as of 8/27/2015
1 Week up  7.00 %
1 Month up  4.21 %
3 Months up  7.81 %
1 YTD down  -1.75 %

(*) Stock Price at the time of the recommendation.
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