Ratings by BofA Securities (Jeffrey Spector)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 3/6/2026 | Tanger Factory Outlet Centers | SKT | Downgrade | Neutral (Buy) |
36.74 (36.00) |
-2.01% | Details | |
| 2/5/2026 | Public Storage | PSA | Downgrade | Neutral (Buy) |
288.50 (308.13) |
6.8% | Details | |
| 2/3/2026 | Equity LifeStyle Properties | ELS | Upgrade | Buy (Neutral) |
63.20 (67.33) |
6.53% | Details | |
| 11/10/2025 | Invitation Homes | INVH | Maintain | Neutral (N/A) |
|
Details | ||
| 11/10/2025 | Camden Property Trust | CPT | Maintain | Buy (N/A) |
|
Details | ||
| 9/26/2025 | The Macerich Company | MAC | Upgrade | Buy (Neutral) |
16.76 (18.80) |
12.17% | Details | |
| 8/11/2025 | Lineage Inc | LINE | Downgrade | Underperform (Neutral) |
41.64 (39.50) |
-5.14% | Details | |
| 8/4/2025 | Kilroy Realty | KRC | Maintain | Neutral (N/A) |
|
Details | ||
| 8/4/2025 | Cousins Properties | CUZ | Maintain | Buy (N/A) |
|
Details | ||
| 8/4/2025 | Boston Properties Inc. | BXP | Maintain | Buy (N/A) |
|
Details | ||
| 6/17/2025 | Frontview REIT Inc | FVR | Downgrade | Underperform (Neutral) |
11.54 (16.49) |
42.89% | Details | |
| 5/13/2025 | CubeSmart | CUBE | Upgrade | Buy (Neutral) |
42.93 (40.21) |
-6.34% | Details | |
| 5/6/2025 | Lineage Inc | LINE | Downgrade | Neutral (Buy) |
44.28 (41.64) |
-5.96% | Details | |
| 5/6/2025 | Frontview REIT Inc | FVR | Downgrade | Neutral (Buy) |
12.51 (16.49) |
31.81% | Details | |
| 4/22/2025 | Public Storage | PSA | Upgrade | Buy (Neutral) |
287.56 (288.50) |
0.33% | Details | |
| 2/18/2025 | Kilroy Realty | KRC | Maintain | Neutral (N/A) |
|
Details | ||
| 2/18/2025 | Cousins Properties | CUZ | Maintain | Buy (N/A) |
|
Details | ||
| 11/12/2024 | Veris Residential | VRE | Upgrade | Buy (Neutral) |
18.09 (18.86) |
4.26% | Details | |
| 11/11/2024 | The Macerich Company | MAC | Maintain | Neutral (N/A) |
|
Details | ||
| 11/11/2024 | Tanger Factory Outlet Centers | SKT | Upgrade | Buy (Neutral) |
35.53 (36.74) |
3.41% | Details | |
| 10/24/2024 | Retail Opportunity Investments | ROIC | New Coverage | Underperform (N/A) |
15.89 (17.49) |
10.07% | Details | |
| 9/24/2024 | Invitation Homes | INVH | Downgrade | Neutral (Buy) |
36.50 (26.21) |
-28.19% | Details | |
| 9/24/2024 | Equity Residential | EQR | Downgrade | Neutral (Buy) |
77.44 (62.72) |
-19.01% | Details | |
| 8/12/2024 | Camden Property Trust | CPT | Upgrade | Buy (Underperform) |
119.33 (106.53) |
-10.73% | Details | |
| 8/5/2024 | Public Storage | PSA | Downgrade | Neutral (Buy) |
311.90 (308.13) |
-1.21% | Details | |
| 7/29/2024 | Highwoods Properties Inc. | HIW | Maintain | Neutral (N/A) |
|
Details | ||
| 7/29/2024 | Cousins Properties | CUZ | Maintain | Buy (N/A) |
|
Details | ||
| 4/29/2024 | Highwoods Properties Inc. | HIW | Maintain | Neutral (N/A) |
|
Details | ||
| 4/5/2024 | Federal Realty Investment Trust | FRT | Maintain | Buy (N/A) |
|
Details | ||
| 4/5/2024 | Tanger Factory Outlet Centers | SKT | Upgrade | Buy (Underperform) |
27.47 (36.00) |
31.05% | Details | |
| 4/5/2024 | Retail Opportunity Investments | ROIC | Downgrade | Underperform (Neutral) |
12.35 (15.89) |
28.66% | Details | |
| 4/5/2024 | Kimco | KIM | Downgrade | Neutral (Buy) |
18.60 (23.28) |
25.16% | Details | |
| 4/5/2024 | Acadia Realty Trust | AKR | Upgrade | Buy (Neutral) |
16.31 (20.85) |
27.84% | Details | |
| 2/12/2024 | Kilroy Realty | KRC | Maintain | Neutral (N/A) |
|
Details | ||
| 1/8/2024 | Kilroy Realty | KRC | Maintain | Neutral (N/A) |
|
Details | ||
| 1/8/2024 | Highwoods Properties Inc. | HIW | Maintain | Neutral (N/A) |
|
Details | ||
| 1/8/2024 | Cousins Properties | CUZ | Maintain | Buy (N/A) |
|
Details | ||
| 1/8/2024 | Boston Properties Inc. | BXP | Maintain | Buy (N/A) |
|
Details | ||
| 11/13/2023 | Kilroy Realty | KRC | Maintain | Neutral (N/A) |
|
Details | ||
| 11/13/2023 | Cousins Properties | CUZ | Maintain | Buy (N/A) |
|
Details | ||
| 11/13/2023 | Boston Properties Inc. | BXP | Maintain | Buy (N/A) |
|
Details | ||
| 11/13/2023 | Highwoods Properties Inc. | HIW | Upgrade | Neutral (Underperform) |
17.99 (22.14) |
23.07% | Details | |
| 11/6/2023 | Retail Opportunity Investments | ROIC | Downgrade | Neutral (Buy) |
12.81 (17.49) |
36.53% | Details | |
| 10/31/2023 | Alexandria Real Estate | ARE | Maintain | Buy (N/A) |
|
Details | ||
| 10/31/2023 | Camden Property Trust | CPT | Downgrade | Underperform (Neutral) |
83.93 (106.53) |
26.93% | Details | |
| 10/30/2023 | National Storage Affiliates Trust | NSA | Maintain | Underperform (N/A) |
|
Details | ||
| 10/30/2023 | Public Storage | PSA | Maintain | Buy (N/A) |
|
Details | ||
| 10/30/2023 | CubeSmart | CUBE | Downgrade | Neutral (Buy) |
33.98 (42.93) |
26.34% | Details | |
| 10/23/2023 | Equity LifeStyle Properties | ELS | Downgrade | Neutral (Buy) |
64.83 (63.20) |
-2.51% | Details | |
| 10/16/2023 | Equity LifeStyle Properties | ELS | Maintain | Buy (N/A) |
|
Details | ||
| 10/16/2023 | Invitation Homes | INVH | Maintain | Buy (N/A) |
|
Details | ||
| 10/16/2023 | American Homes 4 Rent | AMH | Maintain | Buy (N/A) |
|
Details | ||
| 10/16/2023 | Veris Residential | VRE | Maintain | Neutral (N/A) |
|
Details | ||
| 10/16/2023 | UDR, Inc. | UDR | Maintain | Buy (N/A) |
|
Details | ||
| 10/16/2023 | Equity Residential | EQR | Maintain | Buy (N/A) |
|
Details | ||
| 10/16/2023 | Camden Property Trust | CPT | Maintain | Neutral (N/A) |
|
Details | ||
| 10/16/2023 | AvalonBay Communities | AVB | Maintain | Buy (N/A) |
|
Details | ||
| 8/22/2023 | Tanger Factory Outlet Centers | SKT | Maintain | Underperform (N/A) |
|
Details | ||
| 8/22/2023 | Regency Centers | REG | Maintain | Buy (N/A) |
|
Details | ||
| 8/22/2023 | Federal Realty Investment Trust | FRT | Maintain | Buy (N/A) |
|
Details | ||
| 8/8/2023 | Kilroy Realty | KRC | Downgrade | Neutral (Buy) |
38.09 (29.81) |
-21.74% | Details | |
| 8/7/2023 | Public Storage | PSA | Maintain | Buy (N/A) |
|
Details | ||
| 8/7/2023 | CubeSmart | CUBE | Maintain | Buy (N/A) |
|
Details | ||
| 7/31/2023 | STAG Industrial | STAG | Maintain | Underperform (N/A) |
|
Details | ||
| 7/31/2023 | EastGroup Properties | EGP | Maintain | Buy (N/A) |
|
Details | ||
| 7/31/2023 | Retail Opportunity Investments | ROIC | Maintain | Buy (N/A) |
|
Details | ||
| 5/15/2023 | Invitation Homes | INVH | Maintain | Buy (N/A) |
|
Details | ||
| 5/15/2023 | American Homes 4 Rent | AMH | Maintain | Buy (N/A) |
|
Details | ||
| 5/15/2023 | Camden Property Trust | CPT | Downgrade | Neutral (Buy) |
110.50 (106.53) |
-3.59% | Details | |
| 5/15/2023 | AvalonBay Communities | AVB | Upgrade | Buy (Neutral) |
180.18 (177.89) |
-1.27% | Details | |
| 5/9/2023 | Kilroy Realty | KRC | Maintain | Buy (N/A) |
|
Details | ||
| 5/9/2023 | Highwoods Properties Inc. | HIW | Maintain | Buy (N/A) |
|
Details | ||
| 5/9/2023 | Cousins Properties | CUZ | Maintain | Buy (N/A) |
|
Details | ||
| 5/9/2023 | Boston Properties Inc. | BXP | Maintain | Buy (N/A) |
|
Details | ||
| 5/8/2023 | Public Storage | PSA | New Coverage | Buy (N/A) |
295.91 (308.13) |
4.13% | Details | |
| 5/8/2023 | National Storage Affiliates Trust | NSA | Downgrade | Underperform (Neutral) |
37.97 (34.15) |
-10.06% | Details | |
| 11/14/2022 | Veris Residential | VRE | Upgrade | Neutral (Underperform) |
14.96 (18.86) |
26.07% | Details | |
| 11/4/2022 | The Macerich Company | MAC | Maintain | Neutral (N/A) |
|
Details | ||
| 8/9/2022 | Federal Realty Investment Trust | FRT | Upgrade | Buy (Neutral) |
107.12 (107.55) |
0.4% | Details | |
| 6/27/2022 | Veris Residential | VRE | Maintain | Underperform (N/A) |
|
Details | ||
| 6/27/2022 | UDR, Inc. | UDR | Maintain | Buy (N/A) |
|
Details | ||
| 6/27/2022 | STAG Industrial | STAG | Maintain | Underperform (N/A) |
|
Details | ||
| 6/27/2022 | Regency Centers | REG | Maintain | Buy (N/A) |
|
Details | ||
| 6/27/2022 | Phillips Edison & Co. | PECO | Maintain | Buy (N/A) |
|
Details | ||
| 6/27/2022 | Healthpeak Properties | PEAK | Maintain | Neutral (N/A) |
|
Details | ||
| 6/27/2022 | The Macerich Company | MAC | Maintain | Neutral (N/A) |
|
Details | ||
| 6/27/2022 | Kilroy Realty | KRC | Maintain | Buy (N/A) |
|
Details | ||
| 6/27/2022 | Invitation Homes | INVH | Maintain | Buy (N/A) |
|
Details | ||
| 6/27/2022 | Industrial Logistics Properties Trust | ILPT | Maintain | Underperform (N/A) |
|
Details | ||
| 6/27/2022 | Highwoods Properties Inc. | HIW | Maintain | Buy (N/A) |
|
Details | ||
| 6/27/2022 | Federal Realty Investment Trust | FRT | Maintain | Neutral (N/A) |
|
Details | ||
| 6/27/2022 | Equity Residential | EQR | Maintain | Buy (N/A) |
|
Details | ||
| 6/27/2022 | Cousins Properties | CUZ | Maintain | Buy (N/A) |
|
Details | ||
| 6/27/2022 | Camden Property Trust | CPT | Maintain | Buy (N/A) |
|
Details | ||
| 6/27/2022 | Boston Properties Inc. | BXP | Maintain | Buy (N/A) |
|
Details | ||
| 6/27/2022 | Brixmor Property | BRX | Maintain | Buy (N/A) |
|
Details | ||
| 6/27/2022 | AvalonBay Communities | AVB | Maintain | Neutral (N/A) |
|
Details | ||
| 6/27/2022 | Alexandria Real Estate | ARE | Maintain | Buy (N/A) |
|
Details | ||
| 6/27/2022 | American Homes 4 Rent | AMH | Maintain | Buy (N/A) |
|
Details | ||
| 6/21/2022 | CubeSmart | CUBE | Upgrade | Buy (Neutral) |
40.00 (40.21) |
0.53% | Details | |
| 9/27/2021 | Camden Property Trust | CPT | Upgrade | Buy (Neutral) |
149.75 (106.53) |
-28.86% | Details | |
| 9/15/2021 | National Storage Affiliates Trust | NSA | New Coverage | Neutral (N/A) |
57.12 (34.15) |
-40.21% | Details | |
| 5/4/2021 | Public Storage | PSA | Maintain | Buy (N/A) |
|
Details | ||
| 4/14/2021 | Public Storage | PSA | Maintain | Buy (N/A) |
|
Details | ||
| 2/9/2021 | Equity Residential | EQR | Upgrade | Neutral (N/A) |
66.08 (62.72) |
-5.08% | Details | |
| 2/9/2021 | Camden Property Trust | CPT | Downgrade | Neutral (Buy) |
101.96 (106.53) |
4.48% | Details | |
| 11/30/2020 | Ventas | VTR | Upgrade | Buy (Underperform) |
47.90 (84.87) |
77.18% | Details | |
| 9/14/2020 | Apartment Investment Management | AIV | Upgrade | Neutral (Underperform) |
34.98 (4.32) |
-87.65% | Details | |
| 8/12/2020 | CubeSmart | CUBE | Upgrade | Neutral (Underperform) |
30.49 (40.21) |
31.88% | Details | |
| 5/27/2020 | Ventas | VTR | Maintain | Underperform (N/A) |
|
Details | ||
| 3/24/2020 | Public Storage | PSA | Upgrade | Buy (Neutral) |
160.61 (308.13) |
91.85% | Details | |
| 3/23/2020 | Ventas | VTR | Downgrade | Underperform (Neutral) |
21.62 (84.87) |
292.55% | Details | |
| 11/19/2019 | Public Storage | PSA | Downgrade | Neutral (Buy) |
213.54 (308.13) |
44.3% | Details | |
| 10/10/2019 | The Macerich Company | MAC | Maintain | Neutral (N/A) |
|
Details | ||
| 7/19/2019 | Public Storage | PSA | Upgrade | Buy (Neutral) |
248.72 (213.54) |
-14.14% | Details | |
| 6/21/2019 | Ventas | VTR | Maintain | Neutral (N/A) |
|
Details | ||
| 3/1/2019 | Public Storage | PSA | Maintain | Neutral (N/A) |
|
Details | ||
| 3/1/2019 | LSI Corporation | LSI | Maintain | Neutral (N/A) |
|
Details |

