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Alex Avery, Executive Director, CIBC World Markets tells BNN RioCan could be ripe for a takeover by a pension fund.
Alex Avery, Executive Director, CIBC World Markets tells BNN RioCan could be ripe for a takeover by a pension fund.
(BNN Video)

Wednesday's analyst upgrades and downgrades

Inside the Market’s roundup of some of today’s key analyst actions. This file will be updated during the trading day.

Raymond James today downgraded several Canadian REITs, saying their strong year-to-date performance has left them trading at high valuations, especially given that a rise in interest rates is on the horizon.