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Fly News Breaks for September 1, 2017
AVB
Sep 1, 2017 | 07:35 EDT
Stifel analyst John Guinee resumed coverage of AvalonBay with a $209 price target and a Buy rating. The analyst is upbeat on the multifamily REIT sector. He says that AvalonBay has "one of the most robust development pipelines in the space," while its real estate and valuation metrics are "acceptable relative to the other multifamily REITs."
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