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Fly News Breaks for December 10, 2019
KRC
Dec 10, 2019 | 06:37 EDT
Wells Fargo analyst Blaine Heck upgraded Kilroy Realty to Outperform from Market Perform with a price target of $95, up from $82. The company's portfolio is well located on both a market and submarket basis, Heck tells investors in a research note. He believes Kilroy has made substantial progress leasing its development pipeline recently, which he thinks should drive continued strong net operating income growth.
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