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Enter Symbol:
 
National Retail Properties (NNN) [hlAlert]

Rating:
Mkt Perform
NNN
down 18.96 %

Commercial Net Lease Realty, Inc. (NNN) downgraded to Mkt Perform by Wachovia

Posted on: Wednesday,  May 6, 2009  9:25 AM ET by Wachovia

Wachovia rated Mkt Perform National Retail Properties (NYSE: NNN) on 05/06/2009. Previously Wachovia rated Outperform National Retail Properties (NYSE: NNN) on
08/01/2008., when the stock price was $21.36. Since then, National Retail Properties has lost 18.96% as of 05/06/2009's recent price of $17.31.
If you would have followed the previous Wachovia's recommendation on NNN, you would have lost 18.96% of your investment in 278 days.

National Retail Properties, Inc. (NNN) is an integrated real estate investment trust (REIT). NNN?s operations are divided into two primary business segments: investment assets, including real estate assets, mortgages and notes receivable (including structured finance investments) on the consolidated balance sheets and commercial mortgage residual interests (collectively, Investment Assets), and inventory real estate assets (Inventory Assets). Its consolidated subsidiaries include taxable REIT subsidiaries, and their majority-owned and controlled subsidiaries (TRS).

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2009 9:25 AM Hold
None
17.31
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  0.69 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/1/2008 8:25 AM Buy
None
21.36

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