Zacks Investment Research upgraded shares of CBL&ASSOC PPTYS (CBL) from NEUTRAL to OUTPERFORM on October 16, 2014, with a target price of $20.90.
CBL & Associates Properties, Inc. is a fully integrated real estate investment trust which owns, develops, acquires, leases, manages, and operates regional shopping malls, open-air centers, community centers and office properties. The Company conducts substantially all of its business through its operating partnership. It owns two qualified REIT subsidiaries: CBL Holdings I, Inc. and CBL Holdings II, Inc. CBL & Associates Properties is headquartered in Chattanooga, Tennessee.
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