Morgan Keegan Reiterates Outperform on Lexington Realty Trust

Morgan Keegan is out with its report today on Lexington Realty Trust LXP, reiterating Outperform. In its report, Morgan Keegan writes, "We reiterate our Outperform rating on LXP. Valuation remains attractive, and we look for significant (8-10%) annual dividend increases over the next several years." Morgan Keegan maintains a $12 PT on LXP. Shares of LXP closed Monday at $6.85, down 3.52% from Friday's close.