INDEP REALTY TR (IRT) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of INDEP REALTY TR (IRT) from OUTPERFORM to NEUTRAL on September 16, 2014, with a target price of $11.30.

Independence Realty Trust, Inc. is a real estate investment trust. It is focused on acquiring and owning well-located garden-style and mid-rise apartment properties. The Company owns apartment properties primarily in Arizona, Colorado, Georgia, Indiana, Texas and Virginia. Independence Realty Trust, Inc. is based in United States.

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