UBS Research Summary (AMB, CPT, CEG, DVN, MGM, PPL, K, PLD, WY)

UBS is out with today's daily research summary. In the report, UBS raised AMB Property's AMB price target to $32 from $27.25, raised its Camden Property Trust CPT price target to $61 from $57, raised its Constellation Energy Group CEG price target to $32 from $31, downgraded Devon Energy DVN to a Neutral rating from a Buy and raised its price target to $89 from $87, upgraded Kellogg's K rating to Buy from Neutral and raised Kellogg's price target to $59 from $51, raised its MGM Resorts International MGM price target to $15 from $13, downgraded PPL's PPL rating to Neutral from Buy and lowered PPL's price target to $26 from $28, raised its ProLogis PLD price target to $14.50 from $13, and downgraded Weyerhaeuser WY to Sell from Neutral. In the report, UBS states that it will be "waiting it out" on PPL, and that Weyerhaeuser's downgrade is due to valuation.