Monday, May 9, 2011

Coverage on (APO) Initiated by Analysts Today

A large number of analysts initiated coverage on American Community Properties Trust (NYSE: APO), with most of them having a positive outlook on the company.

Bank of America (NYSE:BAC) initiated coverage on American Community Properties Trust (APO). They placed a “buy” rating and a price target of $24.00 on the company.

Wells Fargo & Co. (NYSE:WFC) initiated coverage on American Community Properties Trust (NYSE: APO). They placed a “market perform” rating on the company.

UBS AG (NYSE:UBS) initiated coverage on shares of American Community Properties Trust (APO). They placed a “buy” rating and a price target of $21.00 on the company.

Credit Suisse (NYSE:CS) initiated coverage on shares of American Community Properties Trust (APO). They placed an “outperform” rating and a price target $23.00 on the company.

Goldman Sachs (NYSE:GS) initiated coverage on shares of American Community Properties Trust (APO). They placed a “buy” rating on the company.

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