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Fly News Breaks for December 6, 2019
BXMT
Dec 6, 2019 | 06:24 EDT
BofA/Merrill analyst Derek Hewett resumed coverage of Blackstone Mortgage with a Neutral rating and $36 price target. The analyst claims the stock is a "high-quality" name to offer exposure to the U.S. commercial real estate sector, but also sees upside as "likely limited" because of the premium valuation within its peer group.
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