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Fly News Breaks for January 6, 2020
PGRE, KRC
Jan 6, 2020 | 06:24 EDT
BTIG analyst Thomas Catherwood downgraded Kilroy Realty (KRC) to Neutral from Buy. The shares returned 36.8% in 2019 and at 20.3 times estimated 2020 earnings, the present valuation fully values expected future growth, Catherwood tells investors in a research note. The analyst's top pick for 2020 is Paramount Group (PGRE).
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