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Fly News Breaks for October 24, 2018
KRG
Oct 24, 2018 | 08:19 EDT
Baird analyst RJ Milligan downgraded Kite Realty Group to Neutral from Outperform. The analyst cited his low on the Street FFO estimate, driven by higher disposition assumptions, the negative impact of the TH joint venture, and the exclusion of several one-time items included in 2018. Milligan lowered his price target to $17 from $20 on Kite Realty Group shares.
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