1. The model upgraded retail REIT Urstadt Biddle Properties ( UBA) to "buy."Quarter: Fiscal first-quarter profit decreased 6.8% to $6.4 million, or 12 cents, as revenue declined 4.1% to $21 million. The operating margin inched up to 41%. Urstadt has $5.9 million of cash and $111 million of debt, equal to a debt-to-equity ratio of 0.3. Stock: Urstadt has increased 7.4% during the past year, lagging behind benchmarks. It trades at a price-to-projected-earnings ratio of 29 and a price-to-book ratio of 1.2, 53% and 43% discounts to peer averages. The shares offer a 5.8% distribution yield. Consensus: Of firms rating Urstadt Biddle, one rates its stock "buy" and two rate it "hold." William Baird predicts the stock will gain 8% to $18. Five of its 10 largest shareholders, including Bank of America, purchased shares during the fourth quarter. Visit Stockpickr's Ratings Upgrades Portfolio and Ratings Downgrades Portfolio -- Reported by Jake Lynch in Boston.