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Fly News Breaks for January 7, 2020
AVB
Jan 7, 2020 | 06:10 EDT
BMO Capital analyst John Kim downgraded AvalonBay to Market Perform from Outperform with an unchanged price target of $220. The company has been a "solid performer" with a 24.0% total return in 2019, and no longer warrants an Outperform rating, Kim tells investors in a research note.
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