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Fly News Breaks for April 21, 2015
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Apr 21, 2015 | 07:36 EDT
As noted earlier, Stifel upgraded First Industrial to Buy from Hold. As reasons for the upgrade, the firm cited recent industrial portfolio sales and its belief that the REIT will make additional portfolio sales below a 6% cap rate. The firm says that the REIT has the greatest chance of multiple expansion of all the industrial REITs it covers. Target $22.
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