CIBC cut shares of Plaza Retail Reit (TSE:PLZ.UN) from an outperform rating to a sector perform rating in a research report sent to investors on Friday morning, StockTargetPrices.com reports.

A number of other equities analysts have also recently weighed in on PLZ.UN. BMO Capital Markets reaffirmed an overweight rating and issued a C$5.50 price target on shares of Plaza Retail Reit in a report on Wednesday, August 17th. Royal Bank Of Canada upped their price target on Plaza Retail Reit from C$5.00 to C$5.50 in a report on Monday, August 15th. Finally, RBC Capital Markets upped their price target on Plaza Retail Reit from C$5.00 to C$5.50 in a report on Monday, August 15th.

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