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Fly News Breaks for January 7, 2016
DDR
Jan 7, 2016 | 06:44 EDT
Baird analyst RJ Milligan downgraded DDR Corp to Neutral and lowered his price target to $18 from $20 on shares. Milligan expects FFO dilution from the accelerated lower-tier asset dispositions, and sees few near-term catalysts that will close the valuation gap versus peers in the first half of 2016.
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