Deutsche Bank's Initial Thoughts On RPT 4Q

With guidance unchanged and core metrics effectively in-line, “we view Ramco-Gershenson Properties Trust RPT results as a relatively neutral event,” Deutsche Bank reports. “With a 9AM conference call, investors will likely focus on management commentary before judging the Q. However, in light of RPT's outperformance over the past week and so far this year, we think expectations have been rising and that 4Q results may be modestly disappointing.” Ramco-Gershenson Properties closed Monday at $13.46.