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Fly News Breaks for February 13, 2019
BXMT
Feb 13, 2019 | 07:32 EDT
Deutsche Bank analyst George Bahamondes downgraded Blackstone Mortgage to Hold and lowered his price target for the shares to $34.50 from $35 following the company's Q4 results. The analyst believes slowing property value, sales and rental income growth are "notable headwinds for the space at this stage of the cycle."
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