First Potomac Realty (NYSE:FPO) has been upgraded from Neutral to Buy in a report by SunTrust earlier today.
- Updated: September 15, 2016
Yesterday First Potomac Realty (NYSE:FPO) traded 0.22% lower at $8.99. FPO’s 50-day average is $9.81 and its 200-day moving average is $9.22. With the last close down 2.50% from the two hundred day average, compared with the S&P 500 which has fallen -0.01% over the same time. 200,587 shares of FPO traded, down from ann avg. volume of 216,762.
SunTrust has upgraded First Potomac Realty(NYSE:FPO) from Neutral to Buy in a statement released Friday September 16 2016.
First Potomac Realty has a one-year low of $7.90 and a one-year high of $12.11 and has a market capitalization of $0.0.
General Information About First Potomac Realty (NYSE:FPO)
First Potomac Realty Trust is engaged in the ownership, management, development and redevelopment of office and business park properties in the greater Washington, D.C. region. The Company’s segments include Washington, D.C., Maryland, Northern Virginia and Southern Virginia. It conducts its business through First Potomac Realty Investment Limited Partnership, the Company’s operating partnership (the Operating Partnership). The Company is the sole general partner of, and owns the preferred interest and approximately 95.7% of the common interest in the Operating Partnership. The Company’s portfolio consist a mix of single-tenant and multi-tenant office properties and business parks. The office properties are single-story and multi-story buildings that are primarily for office uses, and and business parks consists of buildings with office features combined with some industrial property space. It also owns land that can support approximately 1.3 million square feet of additional development.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.