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Fly News Breaks for February 9, 2016
BRX
Feb 9, 2016 | 07:55 EDT
RBC Capital downgraded Brixmor after four of its key executives, including its CEO and CFO, resigned after an audit committee review found accounting irregularities. The firm thinks that investors will be uncertain about the company's status for some time in the wake of this news. Target to $25 from $30.
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