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Fly News Breaks for August 25, 2015
COR
Aug 25, 2015 | 07:36 EDT
Jefferies analyst Jonathan Petersen took over coverage of CoreSite Realty and upgraded the stock to Buy from Hold, stating that he expects its portfolio to lead to above average FFO growth in upcoming years. Petersen, who tells investors that the company is at the most profitable phase of its development pipeline, raised his price target on the stock to $60 from $50.
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