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Fly News Breaks for February 5, 2018
AVB
Feb 5, 2018 | 09:07 EDT
SunTrust analyst Michael Lewis lowered his price target on AvalonBay to $186, citing higher overhead costs and lower FFO projections. Lewis keeps his Buy rating however, noting that the REIT still trades at a discount to NAV that is deeper than its peers and the revenue growth remains positive.
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