Chart of the Day - Taubman Centers (TCO)

The "Chart of the Day" is Taubman Centers (TCO), which showed up on Monday's Barchart "All Time High" list. Taubman on Monday posted a new all-time high of $70.81 and closed +1.41%. TrendSpotter has been Long since Oct 26 at $58.11. In recent news on the stock, Taubman on March 1 raised its quarterly dividend by 2.8% to 46.25 cents per share. ISI Group on Feb 15 upgraded Taubman Centers to a Buy from Hold. Taubman on Feb 8 reported Q4 adjusted funds from operation (FFO) of 93 cents versus the consensus of 85 cents. Taubman Centers, with a market cap of $4 billion, is a real estate investment trust specializing in owning and operating regional retail shopping centers.