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Fly News Breaks for August 25, 2016
MAC
Aug 25, 2016 | 07:36 EDT
BTIG analyst James Sullivan initiated Macerich with a Buy and $97 price target. Sullivan said Macerich's fundamentals are solid as management continues to drive double-digit leasing spreads, and expects a strong portfolio and the development pipeline should drive earnings and share price performance through 2017.
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