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Enter Symbol:
Cbl & Associates Properties, Inc. (CBL) [hlAlert]

down 30.46 %

Cbl & Associates Properties, Inc. (CBL) rated Underperform with price target $8 by Oppenheimer

Posted on: Wednesday,  Sep 23, 2009  8:25 AM ET by Oppenheimer

Oppenheimer rated Underperform Cbl & Associates Properties, Inc. (NYSE: CBL) on 09/23/2009, when the stock price was $10.50.
Since then, Cbl & Associates Properties, Inc. has gained 43.81% as of 11/27/2015's recent price of $15.10.
If you would have followed this Oppenheimer's recommendation on CBL, you would have lost 30.46% of your investment in 2256 days.

CBL & Associates Properties, Inc. (CBL) is a self-managed, self-administered, integrated real estate investment trust (REIT). The Company is engaged in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, open-air centers, community centers and office properties. The Company?s shopping centers are located in 27 domestic states and in Brazil, but are primarily in the southeastern and midwestern United States. The Company conducts all of its business through the Operating Partnership. CBL is the 100% owner of two qualified REIT subsidiaries; CBL Holdings I, Inc. and CBL Holdings II, Inc. CBL Holdings I, Inc. is the sole general partner of the Operating Partnership. On February 1, 2008, the Company entered into a 50/50 joint venture, CBL-TRS Joint Venture II, LLC, affiliated with CBL-TRS Joint Venture, LLC (collectively, CBL-TRS), both of which are joint venture partners with Teachers? Retirement System of the State of Illinois (TRS).

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2009 8:25 AM Sell
10.50 8.00
as of 12/31/2009
1 Week down  -60.66 %
1 Month down  -82.18 %
3 Months down  -73.91 %
1 YTD down  -60.66 %

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