CEDAR SHOPN CTR (CDR) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of CEDAR SHOPN CTR (CDR) from NEUTRAL to OUTPERFORM on August 16, 2012, with a target price of $5.90.

Cedar Shopping Centers, Inc. is a fully-integrated real estate investment trust which focuses primarily on ownership, operation, development and redevelopment of "bread and butter" supermarket-anchored shopping centers in coastal mid-Atlantic and New England states. The Company owns and operates shopping center properties which are anchored by supermarkets and/or drugstores.

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