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Fly News Breaks for April 10, 2017
EDR
Apr 10, 2017 | 06:38 EDT
Canaccord analyst Ryan Meliker downgraded EdR to Hold and lowered its price target to $43 from $46 following last week's disappointing leasing update. The analyst expects 2018 estimates to move lower and for shares to re-rate following another leasing challenge at its largest campus, the University of Kentucky, combined with lackluster same-store-sales growth in 2018.
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