Edgefront Real Estate Investment Trust (TSE:NXR) Cut to Hold at Cibc World Mkts

Cibc World Mkts lowered shares of Edgefront Real Estate Investment Trust (TSE:NXRFree Report) from a strong-buy rating to a hold rating in a report issued on Wednesday morning,Zacks.com reports.

Several other equities research analysts have also issued reports on NXR. National Bank Financial lowered shares of Edgefront Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a report on Sunday, April 13th. Scotiabank lowered shares of Edgefront Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 8th.

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Edgefront Real Estate Investment Trust Stock Performance

Edgefront Real Estate Investment Trust Company Profile

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Nuveen Select Tax-Free Income Portfolio 3 Fund’s primary objective is current income exempt from regular federal income tax, consistent with preservation of capital.

The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.

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