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Fly News Breaks for February 4, 2020
OPI
Feb 4, 2020 | 05:17 EDT
Mizuho analyst Omotayo Okusanya last night initiated coverage of Office Properties Income Trust with a Neutral rating and $34 price target. The analyst gets the logic behind management's strategy, but says near-term earnings dilution, coupled with some upcoming tenant move-outs, suggests Office Properties' earnings are set to decline meaningfully over the next few years.
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