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Fly News Breaks for September 13, 2019
FRT
Sep 13, 2019 | 06:30 EDT
Mizuho analyst Haendel St. Juste upgraded Federal Realty Investment Trust to Buy from Neutral with a $146 price target. The company's mid-single digit earnings profile into 2020, less tenant risk relative to peers and "fortress" balance sheet warrant a greater premium than is currently priced into the shares, St. Juste tells investors in a research note.
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