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Fly News Breaks for January 4, 2017
NSAM, CLNY
Jan 4, 2017 | 05:49 EDT
Keefe Bruyette analyst Jade Rahmani downgraded Colony Capital (CLNY) to Market Perform saying additional clarity on the NorthStar Asset Management (NSAM) merger and execution on key objectives are needed to close the valuation gap. The analyst keeps a $23 price target for the shares.
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