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The Best-Performing REITs Of 2023

If there's one thing about Wall Street that's predictable, it's that so often it can be entirely unpredictable. When investors expect a pullback, the market races up another 5%. Conversely, declines tend to occur when investors least expect them. Although 2023 began well for real estate investment trusts (REITs), by February it was obvious that the Federal Reserve would have to raise interest rates much more to get back to its desired 2% inflation target. The next eight months then proved diffic

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JP Morgan Upgrades Six REITs To Start The Week

With real estate investment trusts (REITs) showing strength following the Federal Reserve's recent announcement of three possible rate cuts in 2024, analysts are scurrying to update their ratings on REITs. A positive start to the week was solidified by two analysts at JP Morgan upgrading six REITs from a cross-section of REIT subsectors. All six REITs were upgraded from Neutral to Overweight. Take a look at the six REITs receiving upgrades this week. EPR Properties (NYSE:EPR) is a Kansas City, M

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J.P. Morgan upgrades Tanger to Overweight; shares rise marginally (NYSE:SKT)

J.P. Morgan upgrades Tanger to Overweight; shares rise marginally (NYSE:SKT)
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Pivot Pending

Pivot Pending
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Tanger buys Huntsville's Bridge Street Town Centre for $193 million

Tanger buys Huntsville's Bridge Street Town Centre for $193 million
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