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Fly News Breaks for March 13, 2018
BDN
Mar 13, 2018 | 06:59 EDT
Stifel analyst John Guinee downgraded Brandywine Realty to Hold from Buy as he said value creation at a static cap appears to have stopped. Citing weak lease economics and the current environment for REITs, Guinee said he sees few catalysts that can cause Brandywine to outperform. He lowered his price target on the stock to $17 from $19.
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