Summit Industrial Income REIT (TSE:SMU) Lifted to “Buy” at Desjardins

Summit Industrial Income REIT (TSE:SMU) was upgraded by analysts at Desjardins from a “hold” rating to a “buy” rating in a note issued to investors on Sunday, Zacks.com reports. Desjardins also issued estimates for Summit Industrial Income REIT’s Q3 2019 earnings at $0.15 EPS, Q4 2019 earnings at $0.15 EPS, FY2019 earnings at $0.60 EPS, FY2020 earnings at $0.64 EPS and FY2021 earnings at $0.66 EPS.

Separately, Echelon Wealth Partners downgraded Summit Industrial Income REIT from a “buy” rating to a “hold” rating in a report on Thursday, August 8th.

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