Regency Centers (NYSE:REG) was upgraded from Market Perform to Outperform at Raymond James today. The stock closed yesterday at $46.82 on volume of 726,000 shares, above average daily volume of 515,000.Regency Centers Corporation is a self-administered and self-managed real estate investment trust that owns and operates grocery anchored neighborhood retail centers. The Company currently owns and operates properties in various states located throughout the United States.Over the past year, Regency Centers has traded in a range of $32.30 to $47.90 and closed yesterday at $46.82, 45% above that low. The 200-day and 50-day moving averages have moved 0.04% lower and 0.54% higher over the past week, respectively.Regency Centers (NYSE:REG) is currently priced 8.2% above its average consensus analyst price target of $43.00. Regency Centers shares have support at the 50-day moving average (MA) of $43.72 and additional support at the 200-day MA of $40.07.SmarTrend recommended that subscribers consider buying shares of Regency Centers on December 30th, 2011 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $37.97. Since that recommendation, shares of Regency Centers have risen 23.3%. We continue to monitor REG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.