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Fly News Breaks for June 29, 2017
EDR
Jun 29, 2017 | 07:50 EDT
Citi analyst Michael Bilerman downgraded EdR to Neutral and lowered his price target for the shares to $41 from $44. The analyst says he's confirmed that the company is delaying the remainder of its Oklahoma State development to 2018, which he views as a negative for shares. Bilerman believes EdR "may be put in the penalty box until there are consecutive quarters without negative surprises."
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