Zacks Investment Research upgraded shares of GOVT PPTYS INCM (GOV) from NEUTRAL to OUTPERFORM on August 11, 2014, with a target price of $27.90.
Government Properties Income Trust is a real estate investment trust (REIT). The Company was formed to invest in properties that are leased to government tenants. The Company owns 29 properties, 25 of which are leased primarily to the United States Government and four of which are leased to the states of California, Maryland, Minnesota and South Carolina, respectively. The Company is a wholly owned subsidiary of HRPT Properties Trust (HRPT).
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