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Fly News Breaks for October 5, 2016
EDR
Oct 5, 2016 | 05:47 EDT
Citi analyst Michael Bilerman upgraded EdR to Buy saying the shares trade at an attractive valuation following the recent underperformance. The company benefits from positive student housing trends, Bilerman tells investors in a research note. He sees the potential for 15%-plus total return and keeps a $46 price target for the shares.
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