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Fly News Breaks for June 28, 2016
AKR
Jun 28, 2016 | 07:46 EDT
Boenning & Scattergood analyst Floris van Dijkum initiated Acadia Realty Trust with an Outperform and $38 price target saying the Street does not appreciate the strong rent reversionary potential of its street retail portfolio that warrants a much lower cap rate of 3.35%.
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