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Fly News Breaks for December 15, 2016
GLPI
Dec 15, 2016 | 08:01 EDT
BofA/Merrill analyst Shaun Kelley downgraded Gaming and Leisure Properties two notches to Underperform from Buy and lowered its price target to 29 from $37. The analyst expects the company to underperform in a rising rate environment as triple net lease stocks are inversely correlated with rising rates.
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