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REIT Comments |
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02/01/2010
TCO $33
Taubman Centers TCO traded UP $1.03 per share in midday trading UP +3% day
TCO outperformed Retail REITs, UP +41% for 2009
TCO traded DOWN (9%) year to date for 2010
TCO investors expecting modest increase for tenant sales on 4Q 2009 financial report
TCO previous guidance for 2009 FFO indicated (5%) decline
TCO a Retail REIT with a portfolio of upscale regional malls
TCO we rank 2 BUY
TCO market cap $2.6 billion
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