Franklin Street Properties Corp. (NYSEMKT:FSP) Downgraded to Hold at ValuEngine

Franklin Street Properties Corp. (NYSEMKT:FSP) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a report released on Friday, September 1st.

Separately, FBR & Co restated an “outperform” rating on shares of Franklin Street Properties Corp. in a research report on Tuesday, July 11th.

Shares of Franklin Street Properties Corp. (NYSEMKT:FSP) opened at 10.28 on Friday. Franklin Street Properties Corp. has a 1-year low of $9.59 and a 1-year high of $13.27. The stock has a 50 day moving average of $10.05 and a 200-day moving average of $11.16. The firm’s market cap is $1.10 billion.

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About Franklin Street Properties Corp.

Franklin Street Properties Corp. is a real estate investment trust (REIT). The Company is focused on commercial real estate investments primarily in office markets. The Company operates through the real estate operations segment. The Company’s investment objectives are to create shareholder value by increasing revenue from rental, dividend, interest and fee income and net gains from sales of properties, and increase the cash available for distribution in the form of dividends to its stockholders.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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