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Fly News Breaks for July 5, 2018
AHH
Jul 5, 2018 | 08:55 EDT
DA Davidson analyst James Lykins raised his price target on Armada Hoffler to $18 and kept his Buy rating after his meeting with the management and the company's institutional investors last week. Lykins believes that a "monumental" amount of growth is on the horizon for Armada Hoffler, urging investors to buy into a "massive pipeline of projects nearing completing" along with the management's view of significant demand for high quality multifamily assets coming from private equity money.
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