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Fly News Breaks for April 16, 2018
GOV
Apr 16, 2018 | 18:31 EDT
Morgan Stanley analyst Vikram Malhotra lowered his price target on Government Properties to $13 and also reduced his FY18 FFO target to $2.03 from $2.10, citing tenant move-out trends and asset sales as the headwinds over the near term. The analyst also keeps his Underweight rating on Government Properties, adding that the diminished performance is putting the REITs dividend at risk.
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