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Fly News Breaks for August 16, 2017
KRC
Aug 16, 2017 | 06:24 EDT
BofA/Merrill analyst James Feldman downgraded Kilroy Realty to Neutral and lowered its price target to $77 from $80. The analyst believes the impact from known 2018 move outs is reflected in consensus estimates and expects it to weigh on 2018 and 2019 same-store growth. Further, Feldman expects San Diego could be a drag compared to peers.
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