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Fly News Breaks for August 25, 2016
AVB
Aug 25, 2016 | 07:37 EDT
BTIG analyst James Sullivan initiated AvalonBay with a Buy and $208 price target saying it is the sector's best external growth story. The analyst said AvalonBay maintains the largest development pipeline in the sector and expects the company's bi-coastal portfolio to deliver SSNOI growth as the cycle matures.
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