Centerspace downgraded to Market Perform from Outperform at Raymond James

Raymond James analyst Buck Horne downgraded Centerspace (CSR) to Market Perform from Outperform without a price target Though the Midwest and secondary markets Centerspace operates from have been some of the strongest performing markets over the last several quarters, we are beginning to see a significant deceleration in rent growth in some of the company’s core markets, the analyst tells investors in a research note. The firm is most concerned by the recent trends in Denver right now.