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Piedmont Office Realty Trust, Inc. (PDM) [hlAlert]

Rating:
Sell PDM
up 6.87 %

Piedmont Office Realty Trust, Inc. (PDM) downgraded to Sell with price target $16.50 by Stifel

Posted on: Monday,  Dec 14, 2015  8:25 AM ET by Stifel

Stifel rated Sell Piedmont Office Realty Trust, Inc. (NYSE: PDM) on 12/14/2015, when the stock price was $18.49.
Since then, Piedmont Office Realty Trust, Inc. has lost 6.44% as of 12/14/2015's recent price of $17.30.
If you would have followed this Stifel's recommendation on PDM, you would have gained 6.87% of your investment in 0 days.

Piedmont Office Realty Trust, Inc. (Piedmont) is a real estate investment trust (REIT). The Company is engaged in the acquisition and ownership of commercial real estate properties throughout the United States, including properties that are under construction, newly constructed, or have operating histories. Piedmont conducts business primarily through Piedmont Operating Partnership, L.P. (Piedmont OP), a limited partnership, as well as performing the management of its buildings through two wholly owned subsidiaries, Piedmont Government Services, LLC and Piedmont Office Management, LLC. Piedmont is the sole general partner of Piedmont OP. Piedmont OP owns properties directly, through wholly owned subsidiaries and through certain joint ventures with other third parties.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/14/2015 8:25 AM Sell
None
18.49 16.50
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -11.07 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/2/2014 12:00 AM Hold
None
18.35
4/1/2013 8:25 AM Sell
None
18.97

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