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Fly News Breaks for March 5, 2018
BFS
Mar 5, 2018 | 06:21 EDT
DA Davidson analyst James Lykins lowered his price target on Saul Centers to $55 following the company's Q4 earnings miss and a 1.3% decline in the occupancy ratio. The analyst states that the REIT continues to operate in a difficult environment as rental rates trend flat, though they also see little exposure to big box retailers and can "feel good about its rental mix". Lykins keeps his Neutral rating on Saul Centers.
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