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KBW is out with its report today on DCT Industrial Trust
DCT, maintaining Outperform.
In a note to clients, KBW writes, "Ex-$0.02 of charges, DCT reported Q4
FFO/share of $0.10, $0.01 ahead of our estimate & in line w/consensus. Strong leasing over past few quarters still not fully impacting metrics. DCT maintained 2011 guidance of $0.33-$0.38. Biggest take away is that it appears the industrial sector & DCT occupancy bottomed in 2010, and is poised for improvement."
KBW has a $6 PT on DCT.
At the time of posting, shares of DCT were trading at $5.47, down 0.36% from Wednesday's close.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsDCT industrial trustFinancialsIndustrial REIT'sKBW
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