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Fly News Breaks for October 20, 2015
AIV
Oct 20, 2015 | 07:47 EDT
As previously reported, Raymond James upgraded Aimco to Strong Buy from Outperform and increased its price target to $46 from $42. Analyst Buck Horne said rental housing core fundamentals remain strong and the group has been a focus of private equity. Buck views Aimco's valuation as attractive and said it has had an impressive contribution from development projects.
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