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Fly News Breaks for January 4, 2017
CLNY, NSAM
Jan 4, 2017 | 05:50 EDT
Keefe Bruyette analyst Jade Rahmani downgraded NorthStar Asset Management (NSAM) to Market Perform saying additional clarity on the Colony Capital (CLNY) merger and execution on key objectives are needed to close the valuation gap. The analyst keeps a $15 price target for the shares.
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