Residential REIT's

According to KBW, BRE Properties (NYSE: BRE), FY12 EPS estimates have been increased from $2.48 to $2.53. Outperform rating and PT of $56 remain unchanged. BRE closed yesterday at $48.01.

Wunderlich Securities reiterated its Buy rating on BRE Properties (NYSE: BRE). At the same time, the rating agency raised its price target on the company's stock from $54 to $55. On Wednesday, BRE lost 5.19% of its value to end the day at $48.01.

Wunderlich Securities reiterated its Hold on Post Properties (NYSE: PPS). At the same time, the rating agency raised its price target on the company's stock from $41 to $45. On Tuesday, PPS lost 1.3% of its value to end the day at $41.67.

Hilliard Lyons upgraded Southern Company (The) (NYSE: SO) from “neutral” to “buy.” SO's shares closed at $39.66 yesterday. SO's trailing-twelve-month revenue is $17.62 billion. FBR Capital upgraded Camden Property Trust (NYSE: CPT) from “underperform” to “market perform.” CPT's shares closed at $...

MAA (NYSE: MAA) announced today that the company and its operating partnership, Mid-America Apartments, L.P., have completed an issuance of $135 million of Senior Unsecured Notes. The notes were offered in a private placement with three maturity tranches: $50.00 million 7-year maturity at 4.68...

According to Jefferies, AvalonBay Communities (NYSE: AVB) is expected to post 2011/2012 annual FFO/sh growth at the high-end of the Apartment REIT sector, spearheaded by a superior development pipeline, it believes AVB's shares are fairly valued at current levels. Jefferies said that its $129 PT...

Jefferies & Company has lowered the price target on AvalongBay Communities (NYSE: AVB) from $130 to $129 and maintains its Hold rating.

According to J.P. Morgan, Camden Property Trust (NYSE: CPT) reported 2Q FFO that was lighter than our estimate but in line with Bloomberg consensus. J.P. Morgan said that the company's same-store NOI growth in the quarter was better than expected, but the absolute NOI figure was shy of our number...

According to KBW, American Campus Communities (NYSE: ACC), PT and EPS estimates have been revised. KBW reported an increase in EPS estimates from $1.73 to $1.76 for FY11 and from $1.95 to $1.96 for FY12. PT has been changed to $41.00 and rating is being maintained as Market Perform. ACC closed...

Morgan Keegan reiterated its Outperform rating on AvalonBay Communities (NYSE: AVB). At the moment, the rating agency has a price target of $150 placed on the company's stock. On Wednesday, AVB closed the day at $134.36.

KeyBanc downgraded its rating on AvalonBay Communities (NYSE: AVB) from Buy to Hold. At the same time, the rating agency removed its price target from the company's stock. The last target price on the company's stock was $138. On Wednesday, AVB closed the day at $134.36.

Citi has increased its price target from $17.50 to $20 on Associated Estates Realty Corp. (NYSE: AEC) in light of positive earnings in the quarter. According to Citi, “The strong market reaction to AEC's modestly positive earnings report gives us continued confidence in our strategy of...

KeyBanc Capital Markets has downgraded AvalonBay Communities (NYSE: AVB) from Buy to Hold and has removed its $138 price target.

Citigroup has lowered the price target on Associated Estates Realty Corporation (NYSE: AEC) from $20 to $17.50 and maintains its Hold rating.

According to Wedbush, Pentair (NYSE: PNR) presents a buying opportunity. Wedbush said that it believes concerns about the guidance for slower growth in Q3 are placing undue pressure on PNR shares as investors overlook a solid, in-line quarter and upbeat full-year guidance that reflects a strong...