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Fly News Breaks for July 1, 2016
AIV
Jul 1, 2016 | 06:05 EDT
UBS analyst Nick Yulico upgraded Aimco to Buy saying the company's fundamentals will be less exposed to new supply than peers given its exposure to Class B assets. The defensive nature of Aimco's portfolio will allow the stock to improve its relative valuation, Yulico tells investors in a research note. He raised his price target for the shares to $48 from $42.
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