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Fly News Breaks for March 27, 2018
MAC
Mar 27, 2018 | 07:03 EDT
JPMorgan analyst Michael Mueller downgraded Macerich (MAC) to Neutral and lowered his price target for the shares to $65 from $70. The analyst is shuffling his ratings in the REIT space following GGP's (GGP) takeout by Brookfield Property Partners (BPY). He believes the price paid by Brookfield makes his "bullish mall thesis harder to push."
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