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Fly News Breaks for May 2, 2017
FPO
May 2, 2017 | 05:51 EDT
Stifel analyst John Guinee downgraded First Potomac to Sell and maintained a $9.50 price target to reflect Net Asset Value erosion. The analyst is concerned about "mundane" lease economics, leverage, lack of rent growth in the D.C. market, and thinks the company needs a significant equity infusion for basic operations.
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