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Enter Symbol:
Rating: IRET
Underperform $8

INVESTOR RL ES SBI (NYSE: IRET) downgraded to Underperform with price target $8 by RBC Capital Mkts

Friday,  Sep 12, 2014  8:25 AM ET by Kristen Bailey

RBC Capital Mkts downgraded INVESTOR RL ES SBI (NYSE: IRET) to Underperform with
price target $8. RBC Capital Mkts rated INVESTOR RL ES SBI (NYSE: IRET) to Sector Perform with price target $10 on 12/14/2012, when the price was $8.69.

Investors Real Estate Trust (IRET) is a self-advised equity Real Estate Investment Trust (REIT). The Company, through its partnership, IRET Properties, is engaged in owning and operating income-producing real estate properties. The investments include multi-family residential properties and commercial office, medical, industrial and retail properties. These investments are located primarily in the upper Midwest states of Minnesota and North Dakota. The Company operates in five real estate segments: multi-family residential, office, medical (including senior housing), industrial and retail.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.

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