** Brokerage Raymond James upgrades residential REIT Centerspace CSR.N to "outperform" from "market perform"
** Shares of CSR rise 1.4% to $58.58
** Brokerage has a $66 PT on the stock
** Says CSR's key markets, such as Denver and Minneapolis, are showing signs of strengthening with rent growth stabilizing and improving year over year
** Brokerage notes that the company's overall new lease growth has accelerated, while occupancy remains high at 95.3%
** "CSR is attractively valued at current levels with a peer leading dividend and unique portfolio benefiting from strengthening rent growth across the Midwest and invarious secondary markets, with limited new supply risk in the near term"- Brokerage
** Including session's moves, CSR stock down 11.4% YTD
(Reporting by Padmanabhan Ananthan)
((Padmanabhan.Ananthan@thomsonreuters.com))
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