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Fly News Breaks for December 17, 2015
LHO
Dec 17, 2015 | 07:28 EDT
As noted earlier, Stifel downgraded LaSalle to Hold from Buy. The firm expects the stock to underperform over the next year, driven by the company's outsized exposure to inbound tourist markets paired with the risk of continued diminished international inbound travel, both headline and operational risk from AirBNB, and a lack of company specific and sector specific positive catalysts.
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