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

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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.
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Posted In: Analyst ColorUpgradesDowngradesPrice TargetAnalyst RatingsCasinos & GamingConsumer DiscretionaryConsumer StaplesEnergyFinancialsForest ProductsIndustrial REIT'sMaterialsOil & Gas Exploration & ProductionPackaged Foods & MeatsResidential REIT'sUBSUtilities
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