Innovative Industrial Properties Shares Fall After Compass Point Downgrade

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Innovative Industrial Properties Shares Fall After Compass Point Downgrade

MT Newswires Live03-31

Innovative Industrial Properties (IIPR) shares were down more than 11% in recent trading on Monday after Compass Point downgraded its rating to sell from neutral and reduced the price target to $50 from $60.

Trading volume stood at more than 794,000 shares against a daily average of over 337,000.

Price: 54.90, Change: -6.96, Percent Change: -11.24

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