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Fly News Breaks for March 28, 2019
BRT
Mar 28, 2019 | 17:01 EDT
DA Davidson analyst James Lykins initiated BRT Apartments with a Buy rating and a price target of $16. The analyst expects the company to generate "upward trend in FFO growth for the foreseeable future" thanks to the demand for workforce housing coupled with a robust renovations program. Lykins is also positive on the REIT's "internal management structure, in addition to a high level of inside ownership."
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