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Fly News Breaks for February 5, 2018
KRG
Feb 5, 2018 | 06:29 EDT
DA Davidson analyst James Lykins downgraded Kite Realty Group to Neutral from Buy and lowered his price target to $16 from $21, citing the company's expectations of flat to lower FFO growth in 2018. Lykins also notes that Kite Realty is faced with "meaningful industry headwinds" in the retail sector, forecasting more store closings weighing on the stock.
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KRG
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