As previously reported, Evercore ISI analyst Steve Sakwa upgraded EastGroup Properties to In Line from Underperform after the company's FFO beat Street estimates and the company raised guidance "across the board" as a result of better than expected in-place operations and quicker than expected impact from development and lease-up properties. While he thinks the stock continues to screen as expensive within his price target framework, Sakwa believes the stock is reasonably valued from an NAV perspective. He raised his price target on EastGroup shares to $107 from $101.

Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSAudioEye (AEYE) up... To see the rest of the story go to thefly.com. See Story Here