The Globe and Mail reports in its Thursday, April 25, edition that Raymond James analyst Brad Sturges, citing "recent unit price declines broadly experienced across the Canadian REIT sector as a result of increased Government of Canada bond yields," adjusted his unit target for InterRent REIT to $15.75 from $16.25.The Globe's David Leeder writes in the Eye On Equities column that Mr. Sturges maintains a "strong buy" rating. Analysts on average target the units at $15.18. Mr. Sturges says in a note: "Canadian Federal Budget was very focused on the Canadian Federal Government's Housing Plan, the Canadian Federal Government also introduced planned changes to the capital gains tax treatment, increasing the inclusion rate of annual capital gains above the $250k aggregate threshold to be taxed at the marginal tax rate to 67 per cent (from 50 per cent currently) after June 25. Annual realized capital gains totaling less than $250k will still be subject to a capital gains inclusion rate of 50 per cent. We believe the planned capital gains inclusion rate changes could have an impact for those Canadian REITs selling properties post June 25 with respect to the tax treatment of monthly distribution payments."