BMO sees valuation discount in Centerspace, upgrade stock to 'outperform'

BMO sees valuation discount in Centerspace, upgrade stock to 'outperform'
BMO Capital Markets upgraded Centerspace, a Midwest and Mountain West-focused REIT, to Outperform due to an attractive valuation discount and defensive positioning. The firm set a price target of $77, highlighting potential benefits from easing supply pressures and cost-saving initiatives.