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Fly News Breaks for April 11, 2016
EQR
Apr 11, 2016 | 07:57 EDT
As previously reported, BofA/Merrill analyst Jana Galan downgraded Equity Residential to Neutral from Buy. The analyst lowered Equity Residential's price target to $77 from $81 given weaker than expected March rent data, in particular, deterioration in New York City, which could weigh on shares.
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