JPMorgan Chase Starts Stock Coverage on Retail Properties of America (RPAI)

By admin | 6 years ago

Analysts at JPMorgan Chase (NYSE: JPM) started coverage on shares of Retail Properties of America (NASDAQ: RPAI) in a research report issued to clients and investors on Tuesday. The firm set a “neutral” rating and a $10.00 price target on the stock.

Retail Properties of America traded down 1.21% on Tuesday, hitting $8.99. Retail Properties of America has a 1-year low of $8.50 and a 1-year high of $9.44. The company’s market cap is $2.032 billion.

Retail Properties of America, Inc., formerly Inland Western Retail Real Estate Trust, Inc., is a fully integrated real estate company that owns and operates shopping centers and single-user retail properties.

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