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Fly News Breaks for August 17, 2016
BRX
Aug 17, 2016 | 05:48 EDT
Deutsche Bank analyst Vin Chao upgraded Brixmor to Buy after meeting with management and upped his price target for the shares to $30 from $27. The company has a renewed focus on extracting value from the existing portfolio, Chao tells investors in a research note. He believes the accounting issues and the Blackstone ownership overhang are now behind Brixmor.
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