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Fly News Breaks for February 15, 2017
OFC
Feb 15, 2017 | 08:18 EDT
As previously reported, Baird analyst David Rodgers downgraded Corporate Office Properties to Neutral from Outperform following its recent strong performance. The analyst believes the underlying momentum of Defense IT will likely improve under the new administration and the company is well positioned to benefit from increased opportunity. However, Rodgers believes the stock's upside is more modest given its share performance. Rodgers raised his price target to $33 from $32 on Corporate Office Properties shares.
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