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Fly News Breaks for January 7, 2020
GMRE
Jan 7, 2020 | 08:51 EDT
As previously reported, Janney Montgomery Scott analyst Robert Stevenson upgraded Global Medical REIT to Buy from Neutral with a $14.50 fair value estimate. He likes its proven ability to acquire assets at 7.5%+ cap rates and thinks its recent equity raise gives it the "dry-powder" to produce above-average external growth in 2020, Stevenson tells investors.
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