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Fly News Breaks for April 24, 2017
DFT
Apr 24, 2017 | 06:00 EDT
Stifel analyst Matthew Heinz downgraded DuPont Fabros to Hold and lowered its price target to $54 from $57 saying shares are fully valued and demand patterns have shifted. Heinz said demand patterns have shifted towards small-to-medium sized transactions, which will contribute to a more difficult leasing environment, and competition is on the rise in key markets.
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