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Fly News Breaks for August 21, 2017
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Aug 21, 2017 | 07:44 EDT
As previously reported, Jefferies analyst Omotayo Okusanya upgraded Physicians Realty Trust to Hold from Underperform, saying he now believes risks associated with its recent "expensive investments" are priced into the stock after its 17% pullback. While he doesn't expect any more sub 5% cap rate deals in the near-term, he does worry about long-term growth, he tells investors. Okusanya raised his price target on the shares to $18 from $17.
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