Janney Montgomery Scott downgraded Apartment Income REIT (AIRC) to Neutral from Buy after the company reached an agreement to be acquired by Blackstone Real Estate Partners X (BX) in an all-cash transaction for $39.12 per share.
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Read More on AIRC:
- Apartment Income downgraded to Market Perform from Outperform at Raymond James
- Apartment Income REIT Engages Investors with Insightful Meetings
- Apartment Income REIT downgraded on earnings prospects at Mizuho
- Apartment Income REIT downgraded to Neutral from Buy at Mizuho
- Apartment Income REIT resumed with a Neutral at Goldman Sachs
