Information Provided By: 
Fly News Breaks for May 13, 2015
NRF
May 13, 2015 | 09:14 EDT
FBR Capital views Northstar Realty's upcoming addition to the MSCI U.S. REIT Index as both a short- and long-term positive catalyst. FBR believes passive funds that benchmark to the index may need to own the stock and that the inclusion "could open the gates" for more participation and ownership by active REIT-dedicated investors. Vanguard alone may need to buy 23M shares of the stock with index inclusion, it points out. The firm has an Outperform rating on Northstar with a $22 price target.
News For NRF From the Last 2 Days
There are no results for your query NRF
