Home Properties Inc., a Rochester based real estate investment trust, dipped slightly on Wall Street Monday after being downgraded by one analyst.
ISI Group downgraded its evaluation of Home Properties stock from a “buy” rating to a “neutral” one and set a target price for its stock of $65.
Meanwhile, according to Analyst Ratings Network, the bulk of the analysts following the company have it rated a “hold.”
Home Properties closed Monday at $65.61, down a fraction of a percent or 19 cents.